Montserrat's Financial Secretary, Mr Colin Owen, via the Ministry of Finance & Economic Management has given notice that the Government of Montserrat and the United Kingdom Government, through the Department for International Development (DFID) will begin discussions on the 2020-2021 budget for Montserrat on Monday January 13, as the annual Financial Aid Mission (FAM) convenes here.
It was stated in the media release that the annual mission allows for an agreement to be made on the budget allocation, and for key discussions on the Government of Montserrat’s strategic plans, progress being made on priority areas and a review of the 2019/2020 budget, including issues raised during the previous year. Some of the priority areas which will be discussed in this year’s FAM include the £30 million five-year Capital Investment Programme for Resilient Economic Growth (CIPREG) approved for 2018 to 2023; Access and Revenue Streams.
Montserrat’s Premier and Minister of Finance, Honourable Easton Taylor-Farrell and the Deputy Governor, Honourable Lyndell Simpson will open the discussions on behalf of the Government of Montserrat; supported by Montserrat’s core team which include the Financial Secretary, Honourable Colin Owen and other senior Government of Montserrat officials.
The FAM will open on Monday January 13, 2020 with an opening ceremony at the Montserrat Cultural Centre starting at 9:00a.m. The ceremony will be chaired by the Financial Secretary, Honourable Colin Owen and will include remarks by His Excellency Governor Andrew Pearce; Premier, Honourable Easton Taylor-Farrell and DFID’s Economic Adviser Mr. Laurin Janes.
The FAM will conclude on Friday January 17, 2020.