Jaheem Nisbett of Upper Thibou Avenue, McKnight, St. Kitts, has been convicted and sentenced to serve four (4) years and six (6) months in His Majesty’s Prison for the offences of possession of firearm and possession of ammunition.
The offences
same period in 2023 amounted to 57.19 percent of our expenditure and this year it is 51.93 percent, so it is falling. “Last year goods and services were 20.89 percent, this year that has risen marginally to 21.54 percent.” Capital expenditure for January to June 2024, he informed, has outpaced that for the comparative period by 0.91 percent.
The Premier highlighted the primary and overall balances, which are, as at June 2024, both in a surplus position, against the backdrop of an increase in the fiscal deficit. This, he said, indicates that Recurrent Revenue growth is still not sufficient to support the current rate of expansion in recurrent expenditure.
Premier Brantley further informed that total public sector debt for the island of Nevis, as of June 2024, amounted to 539.77 million dollars, which is a marginal net decrease of 0.85 percent in comparison to last year. However, in terms of the NIA’s external debt, that is, what is owed to creditors outside, that declined over the period by 11.95 percent. – PUBLIC INTEREST –
