Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp#TurksandCaicos, February 20, 2018 – Grand Turk – The budgetary changes which needed to be passed at the House of Assembly are done; the PDM Government Administration had reorganized and re-prioritized spending to dedicate monies to the rebuilding plan – and the two political sides with the Governor’s appointed members pushed the budget supplementary through parliament and now cleanup of public buildings will begin.“The Ministry of Finance did not act in haste, neither did it make a determination on its own, that a deficit budget was more likely than not. It would be fool-hearted Mr. Speaker, that the Ministry of Finance observing the trend in revenue decline, observing it to the end of the third quarter, to project anything other than deficit budget. Mr. Speaker we were criticized about our open for business campaign, but Mr. Speaker as I said already we made every effort to assist resorts in reopening their doors.”Finance Minister, Premier Sharlene Robinson and her budget team did not have an easy time of it; Juxta-positioning monies which meant significant cut backs and projects being scrapped altogether, for now.In December, the country learned that it the United Nation ECLAC team put hurricane Irma and Maria damage costs for the Turks and Caicos Islands at just under $290m and losses at just over $230m, with additional losses approximated at $38 million. Whopping half a billion dollars to recovery from the historic storms for the Turks and Caicos Islands Government, which is about an entire year’s budget.“The UN ECLAC report has estimated our country’s damages at $289,625,726 (two hundred and eighty-nine million, six hundred and 25 thousand, seven hundred and twenty-six dollars). And losses at $230,439,488 (two hundred and thirty million, four hundred and thirty-nine thousand, four hundred and eighty-eight dollars) with additional losses at approximately $38,000,000 (thirty-eight million). This puts our damage and losses at over half a billion dollars.With just two months left in the fiscal year, the monies will go to clean up work. Reconstruction will not begin until the new financial year which starts on April 1, 2018.#MagneticMediaNews#cleanupbudgetpassed Facebook Twitter Google+LinkedInPinterestWhatsApp
Kolkata: Kolkata Mayor designate Firhad Hakim submitted his nomination for the post of Mayor at the office of Kolkata Municipal Corporation on Wednesday afternoon. The election will be held on Monday, December 3.It may be mentioned that last Thursday, the names of Hakim and Atin Ghosh were proposed as leader and deputy leader of the Trinamool Congress Municipal Party. All the 122 elected councillors of KMC supported the proposal in the meeting headed by Trinamool Congress supremo Mamata Banerjee at Uttirnya, paving the way for both of them to become Mayor and Deputy Mayor respectively. Also Read – Rain batters Kolkata, cripples normal life”Today (Wednesday) I have submitted my nomination on behalf of Trinamool Congress as the Mayor, as per the instruction of our party supremo Mamata Banerjee. The election will be held on December 3 and I am hopeful of being elected, as all the TMC councillors had chosen me as the leader of the Municipal party last Thursday,” Hakim told reporters, after handing over his nomination paper to Municipal secretary Harihar Mondal. BJP has decided to field Mina Debi Purohit, who is presently the councillor of Ward 22 of KMC, to contest against Hakim in the mayoral post. When questioned about BJP’s move in this regard, Hakim said: “It is a democratic process and anybody is welcome to contest the elections.” Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedCongress and Left Front have decided to boycott the election on Monday and stage a protest against the amendment in the previous KMC Act, that allows no person other than an elected councillor, to contest as Mayor or Deputy Mayor. It may be mentioned that the state government has passed the Kolkata Municipal Corporation (Second Amendment) Bill, 2018, in the state Assembly on Tuesday, paving way for a non-councillor to the post of Mayor. The person, however, after being appointed as Mayor, has to get elected as a councillor of KMC within six months of the nomination. Governor Keshari Nath Tripathi on Tuesday night gave his nod to the Bill, paving the way for Hakim, who is the Urban Development and Municipal Affairs minister, to file his nomination as Mayor.