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Grenada is broke PDF Print
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Peter David
Grenada’s new Government assures that public servants will be paid, even thought there are financial constraints.

Less than 3 months after taking office, the Tillman Thomas Administration has reportedly been finding it difficult to pay public servants because of a troubled treasury.

Foreign Minister Peter David says there is no need to panic because his government will meet its obligations.

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The Grenada treasury is empty and there is not enough money to pay its expenses.

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Nazim Burke
This was disclosed by Finance Minister Nazim Burke in an interview with BBC Caribbean Report, which was reproduced by local and regional media including the Caribbean Media Corporation (CMC).

The six-week-old government led by Tillman Thomas is complaining of inheriting an empty treasury and is warning that the government may not be able to meet its monthly expenses, including paying salaries to the country's 3,000 public servants.

 

 
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