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Prime Minister Drew Proposes New Resolutions to Ensure Financial Transparency
In a bold move to strengthen financial transparency and accountability, Prime Minister Hon. Dr. Terrance Drew has announced plans to introduce two significant resolutions in Parliament. These resolutions are designed to safeguard the financial integrity of the Development Bank of St. Kitts and Nevis and the Social Security system, ensuring that the mismanagement of the past is never repeated.
General News
SOLEC Power Ltd Unable to Meet Contractual Obligations to Start Solar Energy Project Despite Multiple Extensions
On 25 November 2024, SOLEC informed SKELEC and the Government that SOLEC “is not currently in a position to issue FNTP (Full Notice To Proceed)” by the 25 November 2024 deadline as agreed to and required by the PPA. Consequently, SOLEC is still unable to start the Project. This notification follows a similar notice from SOLEC after failing to meet the original FNTP deadline of 28 May 2024 outlined in the Renegotiated Power Purchase Agreement of 28 November 2023.
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General News
Prime Minister Drew Proposes New Resolutions to Ensure Financial Transparency
In a bold move to strengthen financial transparency and accountability, Prime Minister Hon. Dr. Terrance Drew has announced plans to introduce two significant resolutions in Parliament. These resolutions are designed to safeguard the financial integrity of the Development Bank of St. Kitts and Nevis and the Social Security system, ensuring that the mismanagement of the past is never repeated.
General News
SOLEC Power Ltd Unable to Meet Contractual Obligations to Start Solar Energy Project Despite Multiple Extensions
On 25 November 2024, SOLEC informed SKELEC and the Government that SOLEC “is not currently in a position to issue FNTP (Full Notice To Proceed)” by the 25 November 2024 deadline as agreed to and required by the PPA. Consequently, SOLEC is still unable to start the Project. This notification follows a similar notice from SOLEC after failing to meet the original FNTP deadline of 28 May 2024 outlined in the Renegotiated Power Purchase Agreement of 28 November 2023.
General News
“Funds Were Strategically Hidden” – Prime Minister Drew Comments on Harris’ Strategic Mismanagement of Development Bank Funds
Prime Minister Hon. Dr. Terrance Drew has again laid bare the staggering mismanagement of funds at the Development Bank of St. Kitts and Nevis during an in-depth discussion on Freedom FM’s Issues. The Prime Minister revealed that the bank had accumulated over $300 million in debt, with external audits deliberately suspended from 2018 to 2019, creating an opaque environment where mismanagement could thrive unchecked.
General News
Prime Minister Drew Encourages the Region to Look to St. Kitts-Nevis as a Model of Innovation
Prime Minister Hon. Dr. Terrance Drew has issued a rallying call for Caribbean nations to adopt St. Kitts and Nevis as a model for implementing innovative policies that improve quality of life and empower citizens. Speaking during an appearance on Freedom FM’s ‘Issues’ talk show, Dr. Drew outlined key initiatives under his administration that have set the Federation apart as a leader in sustainable development and social advancement.