Senior Opposition Member, Hon Julian Fraser RA has said he does not understand the reluctance of the Andrew A. Fahie led administration to touch the Reserve Fund and create a COVID-19 economic package.
Premier and Minister of Finance, Hon Fahie has laid out the government’s position regarding borrowing money, noting that the Protocols for Effective Financial Management in place and the UK's reluctance to relax conditions are a hindrance.
According to Hon Fraser, “People in this Territory should not be guessing right now when they go to bed tonight what tomorrow is going to hold. We should have the stimulus available to them already, knowing exactly every two weeks I’ll go and collect x amount of dollars,” he said at a Tuesday, May 19, 2020, Opposition Press Conference.
He called on the government to put systems and mechanisms in place in the event disaster hits, such as an unemployment fund to assist the needs of the people.
There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.