US$622M Budget Passed

first_imgThe 2015/16 National Fiscal Budget of US$622,743,420 has been passed by the House of Representatives pending concurrence from the Senate.Plenary overwhelmingly voted in favor of the bill based on recommendations from the Joint Committee of the Legislature on Ways, Means, Finance and Development Planning and Public Accounts.The Executive submitted a draft budget of US$604,040,520, but additional revenues were realized during budget hearings on Capitol Hill thereby forming a sharp increase of about US$18.7m to be generated in the fiscal year.The Fiscal year runs from July 1, 2015 and ends June 30, 2016.Adjustment in tax and non-tax revenues amounted to US$10.6m while the Norwegian Forestry Grant of US$10 million remains highlighted in the national cake.Failure on the part of the Ministry of Education (MOE) under the watch of Minister George Werner to appear before the Joint Committee to provide expenditure reports of last budget year 2014/15 as well as to defend his over US$80 million budget for 2015/16, caused the committee to recommend that the Education budget be placed on hold “until Minister Werner can address those concerns.”Plenary accepted and voted to suspend MOE’s budget noting that only personnel salary for the period will be captured in the absence of Werner meeting the budget requirements under the Public Financial Management (PFM) law.Interestingly, for the first time under this administration, the national “envelope” was passed along with a legislation providing for the expenditure and execution of the revenues.The legislation also guides the chief executive and spending entities on how to go about executing the budget, something lawmakers described as paramount to the development agenda of Liberia.The legislation provided for the appropriation of US$10.95 million contained under National Claims for direct development projects.Under that arrangement, details of programs and projects for the money will be derived by the Legislature and executed by Liberian Agency for Community Empowerment (LACE) in accordance with the Public Procurement and Concession Commission (PPCC) and other financial regulating laws of Liberia.Relative to sensitive spending, the new law mandates that spending entities targeted for specific programs and projects in the counties “tabulate all such appropriations and inform the citizens of the county concerned through their respective County Councils. Each spending entity shall provide a quarterly statement to the oversight committee of the legislature on the status of utilization of said appropriation.”Addressing a news conference after the passage of the budget, the Chairman of the House’s Committee on Ways, Means and Finance, Representative Moses Kollie, noted that salary increments for civil servants was captured in the new Budget due to the current economic situation of the country.He asserted that as part of government’s spending, the Ministry of State for Presidential Affairs, presented a little over US$3 million for the renovation of the Executive Mansion, a project that has been repeatedly captured under previous budgets.The Lofa County lawmaker indicated that ministries and agencies will be held accountable for whatever projects are captured under this period.As part of their oversight responsibilities, Kollie maintained that spending entities shall submit a quarterly budget performance report to the Legislature with explanatory notes of the quantitative and qualitative results for spending the appropriations herein provided. “The reports are due within 15 days after the end of a quarter,” Kollie said.Failure to present timely reports, Kollie added; “may lead to the loss of pay for the head of agency of the defaulting entity.”Meanwhile, the conversion from Liberian Dollars to United States Dollars of the 2015/16 budget according to the average exchange rate of the Central Bank of Liberia amounts to a little over LD52 billion.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Vendors complain about City Hall’s ‘anti-business’ stance

first_img– claim they are “blocked” from selling during JubileeThe Georgetown Mayor and City Council (M&CC) is being accused of adopting an anti-business stanceVendors forced to cover goods with tarpaulins as an alternativetowards vendors who are plying their trade around the city, with the most recent such example being a decision to stop vendors “under the clock” from using umbrellas to protect their merchandise from sunlight and rain.The vendors told Guyana Times on Wednesday that they were informed by City Hall that umbrella use was now restricted and they were only allowed to cover their goods with cloths or tarpaulins.Vendors say they were informed by the Council that the use of umbrellas was always banned; however, the authorities were being lenient due to the heavy May/June rainfall.This publication understands that the vendors were told that the ban would now be implemented being that the “rainy season has eased up”.One of the vendors related that the Council had “barged” into her stall and removed her umbrella which was used to protect her items from discoloration caused by the sun.She accused the Market Clerk, Stanley Lovell of wilfully plotting against the vendors for unknown reasons.“Mr Lovell is going on with wicked things towards the people out here; we need something to be done about this. He is just sitting in his office and making demands without even thinking about the vendors.”Holding back tears, an elderly vendor explained her plight in light of the decision by the Council to restrict the use of umbrellas. She noted that over the years, she had been a victim of the torment of the Council which has put a strain on her business and livelihood.The woman said with this move, vendors now have another burden of trying to protect their goods so they were not damaged.She noted the alternative of using tarpaulin to cover the goods given by the Council was anti-business.“We need to display our items so we can’t use any cloth to cover it. We have to use our umbrellas. This is very unfair to us and we will not let it rest here,” the elderly vendor remarkedThe vendors are calling on the Government to consider the plight of “poor people” who are trying to survive in Guyana and rescind this decision.Jubilee restrictionsMeanwhile, vendors also condemned a Government-imposed restriction on vending for the Jubilee Float Parade and flag raising events.On Wednesday, the National Commemoration Committee announced that vending would only be done on May 26 under the condition that the vendors register their stalls between Wednesday and Friday of this week, on a “first come, first sold” basis.Vendors were urged to register with the Ministry of Education’s Department of Culture, Youth and Sport, before 15:45h on Friday.The vendors are furious over the decision by the Government, since it was customary for them to ply their trade during parades, a time when retail businesses blossom.They told <<>> that the constant changes being implemented by the Government were significantly hindering their businesses.The vendors related that they had respected the decision by the Government to have the Republic Day float parade shifted to May 26 for the grand Independence celebration, but this was accepted under the position that every aspect of the parade remained the same.One vendor, Akeem Peters indicated that selling beverages was his only means of livelihood and he usually looked forward to the increased sales during the float parade.“When this parade comes, all my stocks sell out and I have to go back and buy just because sales are so much. Now I heard we have to register, and I don’t agree to this. What if we don’t have the time to register, what we, the poor people, are going to do then?” Peters questioned.Another vendor vented her frustration at the move by the Government, describing it as “inconsiderate”.“This move doesn’t make any sense in my opinion. All the Government doing is teaming up with City Hall against us. I would expect them to have our interest at heart, but all they are doing is taking away our sales, this is unfair,” the woman alleged.Other vendors also expressed disagreement with the announcement.last_img read more

Bank of America severs ties with Guyana

first_imgAML/CFT concernsAs foreign banks, particularly those in the United States continue to sever ties with financial institutions in theBank of Guyana Governor, Dr Gobind GangaCaribbean over money laundering concerns, the Bank of America has ended its relationship with “indigenous banks” in Guyana.Guyana Times understands that the Bank of America sent a notice indicating that it was severing its corresponding relationship with “indigenous banks” in Guyana. The notice was sent about a month ago.However, Governor General of the Bank of Guyana, Dr Gobind Ganga, has assured that there was no need to panic about the situation, since Guyana’s economy would not be impacted in any way. He clarified too that contrary to reports, the Bank of America was the only corresponding bank that has cut ties with Guyana to date.He explained that Guyana was currently in talks with several other banks that were willing to form new corresponding banking relationships with local financial institutions.“We have had other foreign banks that have shown interest in providing the kind of corresponding banking relationship to fill the void that the Bank of America is causing… These are banks from Europe and North America,” Dr Ganga stated.When asked how far along were the discussions with these banks, Dr Ganga told this newspaper that the talks were ongoing and projected that the negotiations should come to fruition shortly.“So, at this time, there is no cause for concern, because the banks do have corresponding relationships and they are seeking others. The Bank of Guyana is assisting these banks in finding new corresponding banking relationships,” Dr Ganga reassured.This matter was on the agenda for discussion at the 37th Caricom Heads of Government Meeting held in Guyana July 4 to 6, as Caribbean leaders try to tackle the cut-off of regional indigenous banks, referred to as de-risking – a situation that poses dire consequences for the Region, including crushing impacts on the wider economy.De-risking is when international banks withdraw from their relationships with indigenous banks because of fears of money laundering and questionable sources of funds which would cause the international banks to receive heavy fines from their regulators.Caribbean banking institutions rely on such relationships in order to allow residents to conduct international financial transactions. However, since last year, the Region has been facing the impact of de-risking and the issue has been occupying the attention of regional policy-makers, following signals by international banks that they were unwilling to continue carrying the business of regional banks.De-risking in the Caribbean came into the limelight last year when the Belize Bank was cut off by the Bank of America and one of the two banks in Montserrat shared the same fate. Some of the areas that are affected because of de-risking are: transfers of remittances, cheque payments, international trade and the facilitation of credit card settlements for local clients.The Caribbean Development Bank (CDB) quoted a November World Bank survey saying that about 75 per cent of international banks have experienced a reduction in correspondent banking services with the Caribbean being the worst affected.However, Prime Minister of St Lucia, Allen Chastanet, believes that a collective and broad effort is needed to address the situation. At the opening ceremony of the Caricom Heads of Government Conference on Monday, Prime Minister Chastanet said the Region must stop thinking that it has to solve this problem alone.He pointed out that there were a number of multinational companies in the US such as airlines, cruise companies, and suppliers as well as individuals who own their homes – that have a vested interest in the Region and know exactly how to lobby their Government.In this vein, the St Lucian Head of State posited that the Caribbean should get more persons from abroad, especially those who would be affected, involved in efforts to address the Region-wide problem that threaten their economies.“The idea of us going to Washington, DC by ourselves is a tried and tested failure. We must be able to bring more people to the argument and we must do it urgently,” Chastanet remarked.last_img read more

‘No fear’: England confident of overcoming semi-final curse after beating Norway

first_imgEllen White grabbed her fifth goal of the tournament five minutes prior to half-time and Bronze made sure of the victory with a rising shot high into the net as the hour mark approached.England were so comfortable towards the end that they could even afford to squander a penalty, Nikita Parris having her late spot-kick saved.There were striking similarities between Bronze’s effort here and her goal that gave England a 2-1 win over the same opponents at the 2015 World Cup.The Lionesses went out of that tournament in the semi-finals and also fell in the last four at Euro 2017. Now they will hope to go a step further, although a daunting challenge awaits against hosts France or holders the United States in Lyon next Tuesday.“We are a team that has lost in the semi-finals of the last two major tournaments and I suppose the main reason I was brought into this job was to get us through a semi-final,” Neville said.“What I said to them at the end, and I am not ashamed to say it, was ‘are you ready to win a World Cup’, because we are in it to win it and I think we are in good shape.”France and the USA meet in a blockbuster quarter-final in Paris on Friday, but Neville insisted his team are not afraid of what awaits them next.“Both teams hold no fear for my players. We actually said when we qualified against Japan that that we were in the best side of the draw because of this semi-final.“My players and I want the biggest games and this will be the biggest game of the World Cup.”Norway had ousted Australia on penalties in the last round, but this was a step too far for a team who came to France without their superstar striker Ada Hegerberg.“We lost against a better team than us,” admitted coach Martin Sjogren. “Of course we believed we could hurt England, but at this stage of the tournament all teams are very, very good.”– Landmark goal for Scott –They could not recover after falling behind to Scott’s early goal, with the outstanding Bronze charging forward down the right and cutting the ball back for the Manchester City midfielder to side-foot in off the far post.It was a landmark goal for Scott, who first found the net for her country against Argentina at the 2007 World Cup.David Beckham attended England’s win over Norway in Le Havre along with his daughter Harper © AFP / Damien MEYEREngland looked like scoring every time they came forward in the first half, with White hitting the post before the second goal came on 40 minutes.This time Parris teed up White to convert from inside the six-yard box and join Australia’s Sam Kerr and Alex Morgan of the USA at the top of the World Cup scorers’ chart.Any hopes Norway had of a second-half comeback were doused in the 57th minute when Bronze was fouled on another charge forward. Substitute Beth Mead laid the ball back to Bronze from the resulting free-kick, and the Lyon star smashed home in style.England then stood firm to secure a fourth straight clean sheet, although they missed the chance to score a fourth goal from the spot with seven minutes left.Captain Steph Houghton was shoved over in the box by Maria Thorisdottir, but Parris saw her kick from 12 yards kept out by Ingrid Hjelmseth.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Lucy Bronze’s brilliant goal capped a 3-0 win for England over Norway in their World Cup quarter-final © AFP / LOIC VENANCELe Havre, France, Jun 28 – England’s women have their sights set on ending their semi-final curse after a stunning strike by Lucy Bronze helped Phil Neville’s team to a 3-0 win over Norway in Le Havre on Thursday and took them into the last four of the World Cup.David Beckham was among the crowd at the Stade Oceane to see midfield stalwart Jill Scott open the scoring inside three minutes of this quarter-final, becoming just the second English player to score at three separate women’s World Cups.last_img read more


first_imgDDTV: Above is snippets of footage from the Donegal Atlantic Way Ultra Challenge race which took place over the weekend. The GO-PRO footage follows the progress of Joe Barr who performed exceptionally in what was a gruelling 555km race.The GO-PRO camera captures some fantastic footage of Donegal in all its wonderful beauty.The energy sapping and mentally enduring event was a massive success and well done to all who participated in the event.To view the video simply click play on the video above. DDTV: FANTASTIC GO PRO FOOTAGE OF DONEGAL ATLANTIC WAY ULTRA CHALLENGE was last modified: June 29th, 2016 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:DDTVDonegal Atlantic Way Ultra RaceJoe BarrnewsSportlast_img read more


first_imgPIPPED AT THE POST: DONEGAL LADIES U-16sLADIES GAA: There was heartache for Donegal Ladies brave U-16 girls side today when they lost out to Tyrone in the Ulster final…after taking the Red Hands to extra time.The superb game at Devinish in Co Fermanagh had ended all square at 3-12 each.But Tyrone edged away in the two periods of extra time – eventually winning 4-15 to 3-16 – a winning margin of just two points. Congratulations to the Donegal girls for a battling performance, particularly in the second half comeback.You did your county proud.Donegal: Sinead Hession; Erika Hanna (1-0), Maeve Liston, Gemma Glackin; Eimear Lafferty, Sarah Jane McDonald (0-3), Zaria Boyle; Aine McLaughlin (1-1), Kathy McLaughlin (0-3); Caroline Sharkey (1-5,1f), Blathnaid McLaughlin (0-1), Shannon McGroddy (0-1); Orla McAteer, Amber Barrett (0-3,3f), Jade O’Donnell. Subs., Caoimhe McMenamin for McAteer 44; Nicole McDermott for Glackin 70; Aine Bradley for Z Boyle 75.Tyrone: Laura Kane; Alicia McGoldrick, Edel Gray, Katy McGillion; Carla McCann, Ciara Fox, Niamh McElduff (1-0); Hannah Lydon(1-3), Melissa McCann (1-0); Grainne Rafferty (2-4,1-0 pen), Siobhan Sherrin (0-2), Emma Smyth; Aileen Tuoghey, Niamh O’Neill (0-5,2f), Niamh Brown. Subs., Lucy Arnold for McGoldrick 15; Eadaoin Fox for Rafferty 76. Referee: Gerry Sheridan (Cavan)  LADIES GAA: AGONY FOR DONEGAL GIRLS AS THEY LOSE ULSTER FINAL IN EXTRA TIME was last modified: July 29th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:LADIES GAA: AGONY FOR DONEGAL GIRLS AS THEY LOSE ULSTER FINAL IN EXTRA TIMElast_img read more


first_imgSECURITY guards are keeping spectactors well away from the massive cruise ship the  MS Artania in Killybegs today.Hundreds of people are in the port to see the massive liver arrive. However they are being prevented from getting closer as the pier is sealed off.The cruiser, which has 1,200 passengers and 800 on board arrived earlier today.The ship will be leaving at 8pm as scheduled.Many of the passengers on board, most of whom are German and Swiss, are visitng the North West including Glenveagh National Park, Glemcolmcille and Sligo. Tourism chiefs are hoping many of those who enjoy a day long break to Donegal may return on longer trips in the future.You can play our video to see what the ship is like on the inside. SECURITY OFFICIALS KEEP SPECTACTORS WELL AWAY FROM CRUISE SHIP was last modified: August 30th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Life’s ‘looking up’ for Katrina evacuee who hits jackpot

first_imgA Hurricane Katrina evacuee is the first $25,000 jackpot winner of the Oklahoma lottery. Caronell E. Allen, living in Bethany since he fled New Orleans, claimed his prize Monday at the Lottery Commission office. Allen, who bought the $5 ticket at a Buy for Less store on the northwest side of Oklahoma City, said he plans to put his winnings in the bank. He also got a job as a construction site laborer the day before he bought the ticket. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week “Everything’s looking up,” he said.last_img read more

Here’s hundreds of reason why Donegal Daily will fill your vacant jobs in just hours!

first_imgIs your business doing well and you feel you can do with an extra pair of hands?Well, the Donegal Daily jobs section has the power to put dozens of CVs into your inbox in just a matter of hours.The days of people printing their CVs before finding an envelope, buying a stamp and eventually putting it in a postbox are well and truly over. And more and more businesses now realise that if you have a job in Donegal or the North-West that needs filling then Donegal Daily has a huge daily readership of people ready to fill them.Our figures don’t lie.Donegal Daily is the largest news website in the county and has been an incredible success since its inception in 2010.With over 100,000 readers daily, we offer unrivalled coverage in Donegal and allow you the opportunity to put your company in the hands and homes of your customers 24 hours a day, 7 days a week. With over 350,000 unique users a month and over 90,000 people on Facebook, there has never been a better time to get your message out there.Dozens of well-known local and national businesses have used us to find their perfect employee.They include RTE, the Radisson Blu Hotel, Tobin’s Garage, Inishowen Motors, The Shandon Hotel, Britton’s Pharmacy, Lottie Dolls, the HSE, Hillcrest Nursing Home, Get Fresh, Clonleigh Co-Op, Kelsius, McGettigans Hotels, Doherty’s Costcutter, the Glencar Inn, Spar, Aurivo, Whoriskey’s Eurospar in Ramelton, Sharkey Waste, Magee’s Pharmacy, Cyber Risk Aware, Wers Waste, Cherrymore Kitchens, Lough Derg, Local Link, Nomadic, Donegal Tile Centre and Rossview Interiors, Fastway Couriers, McMullin Associates Architects, JC Engineering, Glebe Builders, RAP, Divers Hyundai, MH Associates, McMenamin Engineering and Mantis Cranes, Kees Hotel, Total Splicing Solutions.We could go on and on and that’s only a few of the many successful businesses who we have helped to find the perfect employee to allow them to expand their business as Donegal continues to be the best place to live in Ireland.The only complaint we seem to get from employers is for us to take their adverts down because they easily filled the position thanks to us and yet they continue to get calls! We cater for all types of business and companies and there’s something for everyone big or small, that’s the beauty of online, we can cater for your needs and come up with a plan that puts you in the driving seat.More and more businesses are seeing the benefit of using our site, contact us today to see what we can do for you and your business.You can see our most recent listings here: find out how simple it is to advertise your position on Donegal Daily, simply contact: Email: info@donegaldaily.comHere’s hundreds of reason why Donegal Daily will fill your vacant jobs in just hours! was last modified: August 15th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:CV’sDonegal DailyjobsVacancieslast_img read more

North Star Is Rapidly Changing

first_imgThe North Star (Polaris) has brightened by 150% since Ptolemy observed it 2000 years ago, says the American Astronomical Society (see report on Science Now).  If the differences from those in ancient times are real, “these changes are 100 times larger than predicted by current theories of stellar evolution.”  Polaris is also a pulsating Cepheid variable, but its pulses have been erratic lately.  One astronomer surmises, “Polaris may be experiencing a rare and rapidly changing period in its evolution.”Finding the North Star is a required skill for any northern-hemisphere camper.  It is also a conversation starter on how much science can know about processes that supposedly take billions of years.(Visited 7 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more