Government Announces Shortfalls in 1st Quarter Revenue Projections
Montserrat’s leader of government business has announced a shortfall in anticipated revenue projections for the first quarter of this year.
Premier, the Honourable Joseph Farrell said that during the same period last year, the government was doing much better.
Speaking to the nation on the government’s “View Point” radio programme Wednesday evening, Premier Farrell attributed the shortfall in revenue collection to the exchange rate loss on the pound sterling since the aid package was approved.
And, as we also hear from Premier Farrell, there could well be possible cuts in services as a result of the shortfall.
Premier, the Honourable Joseph Farrell