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Budget deficit projected by Finance Minister Saunders; new spending to FortisTCI & TCI Police

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By Shanieka Smith

Staff Writer

 

#TurksandCaicos, October 6, 2022 – In his presentation to Parliament, the Deputy Premier and Finance Minister announced a budget deficit which includes FortisTCI and the Royal TCI Police equally sharing $5 million aimed at paying consumers’ electricity bills and beating back deadly crime.

Deputy Premier and Finance Minister of the Turks and Caicos Islands Hon. E. Jay Saunders addressed the Second Supplementary Estimates Expenditure for the financial year 2022-2023 in his speech at the House of Assembly on Monday afternoon. Sanders presented these estimates per standing orders 32, sections 118 and 51 from the TCI constitution.

“Globally, 2022 has been challenging for everyone,” the Deputy Premier said as he started his speech.

He proceeded to discuss proposals from the second supplementary appropriations bill.

Saunders said the estimates propose a revision of the revenue upward by $1.45 million bringing it to a total of $404.2 million. Expenditure will also be increased by $18.4 million.

The governor explained that funding for these revisions will be taken from the country’s cash reserve, which will result in a budget deficit. Although deficit budgets for this financial year are being proposed, “we do plan to return to surplus budgets in the medium term if not before,” Sanders continued and reassured the citizens that this will not become a trend.

Saunders stated that sustainability ratios are still being met even in deficit, and the islands’ liquid cash reserve is currently at $240 million. This equates to 212 days, which suggests that the Turks and Caicos islands would survive for 212 days if no money was coming in.

“My goal as minister of finance is to extend that to 365 days,” said the Deputy Premier.

He said he believes that these proposed supplementary estimates will not only continue to address inflation in the islands but also provide some relief for the most vulnerable citizens. He mentioned that the surge in crime – addressed earlier by the Premier – is a major issue and the estimates will allow the government to respond “aggressively”.

Rebuilding better after hurricane Fiona is also a priority for the government as too much is being spent on repairs rather than building sustainably. The Deputy Premier said this would be addressed in his next budget speech and throughout the rest of the year.

The Deputy Premier continued by addressing a few of the initiatives to that government funds would be allocated. A sum of $2.5 million will subsidise a portion of FortisTCI bills for the billing period from September to December. Saunders explained that this would assist residential customers while the government aims to find long-term measures to cut electricity costs.

Another 2.5 million will be used to combat the crime surge by way of raising police subsidies, purchasing equipment and increasing staff. Saunders said one outcome is sure from this “it is our victory, not theirs” referring to criminals on the islands.

Other initiatives included a stimulus for residents, hurricane relief, tourism, professional development, and foster care and social welfare benefits.

Jay Saunders closed his speech by encouraging the citizens from Joshua 1:9, “I would like to encourage the good people of the Turks and Caicos islands… despite the trying times that our country is going through, to be strong, to not be frightened or dismayed for the Lord your God is with you wherever you go.”

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GOVERNMENT REVIEWING TENDER AFTER GRAND TURK–SOUTH CAICOS FLIGHTS STOP

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Turks and Caicos Islands – March 10, 2026 – Commercial flights between Grand Turk and South Caicos have been temporarily discontinued, leaving residents without a direct air link between the two islands since March 1.

The Turks and Caicos Islands Government confirmed the suspension in a statement Tuesday, explaining that the route — which operates under a government subsidy — is currently under review as officials reassess the tender process used to award the service.

The Ministry of Finance, Economic Development, Investment and Trade said the government is “working diligently to assess available options” to restore reliable air service between the islands as quickly as possible.

While the statement did not identify which airline had been operating the route, historically Caicos Express Airways and interCaribbean Airways have provided flights between South Caicos and Grand Turk using small twin-engine aircraft.

Officials acknowledged the disruption has caused concern among residents, noting that inter-island air travel is critical for access to essential services, business activity and government operations.

The government emphasized that the suspension does not affect flights between Grand Turk and Salt Cay, which continue to operate normally.

The review now underway will determine the next provider for the subsidized route. Authorities say the process must be conducted in a “fair, transparent and efficient manner” before service can resume.

For residents of the two islands, however, the immediate issue remains transportation — with many now forced to reroute through Providenciales or rely on limited sea travel until the air connection is restored.

Further updates are expected once the government completes its review and awards a new operating arrangement.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Rights Without Justice: How Weak Enforcement Fails Women and Girls

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GLOBAL — Laws promising equality for women and girls exist in many countries around the world, yet millions still struggle to access justice when their rights are violated.

That stark reality is highlighted in a United Nations report titled “Ensuring and Strengthening Access to Justice for All Women and Girls,” released ahead of International Women’s Day and the 70th session of the Commission on the Status of Women, which begins March 9 in New York.

The report points to what experts call an “implementation gap” — the disconnect between laws that guarantee equality and the real-world ability of women and girls to enforce those rights.

While legal frameworks promoting gender equality have expanded globally, the report warns that many women continue to face significant barriers when seeking justice.

Among the most common obstacles are high legal costs, long distances to courts and services, language barriers, and low levels of legal literacy. Many women also face what researchers describe as “time poverty,” balancing work and caregiving responsibilities that make pursuing legal action difficult.

Bias and stigma within justice systems themselves can also discourage women from reporting abuse or seeking legal remedies.

The report notes that girls often face distinct and overlooked barriers. In many cases, justice systems lack child-centred procedures, making it difficult for girls to safely report harm or access legal protection. Issues such as child marriage and early pregnancy can further complicate their ability to assert their rights, particularly when they remain legally dependent on family members who may also be the source of harm.

Older women also face unique challenges, often shaped by lifelong patterns of discrimination and economic disadvantage. Gendered ageism can undermine their credibility, with complaints involving violence, neglect, health rights, pensions or property disputes sometimes dismissed or ignored.

The United Nations report also highlights structural weaknesses within justice systems, including limited budgets, shortages of trained personnel and poor coordination between institutions responsible for delivering justice services.

Another factor contributing to the enforcement gap is the continued male dominance within justice sector leadership, which researchers say can discourage women from engaging with institutions meant to protect them.

The findings come as the United Nations marks International Women’s Day under the theme “Rights. Justice. Action. For ALL Women and Girls,” a call for governments to move beyond commitments on paper and ensure that laws protecting women are fully enforced.

Global leaders say closing the gap between legislation and real-world outcomes remains one of the most urgent challenges in achieving gender equality and ensuring that women and girls everywhere can live safe, healthy and purposeful lives.

Developed by Deandrea Hamilton • with ChatGPT (AI) • edited by Magnetic Media.

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Jamaica Joins Afreximbank Agreement, Strengthening Africa–Caribbean Partnership

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CARIBBEAN — Jamaica has become the 13th CARICOM member state to accede to the African Export-Import Bank Establishment Agreement, further strengthening economic ties between Africa and the Caribbean.

The development was confirmed during the 50th CARICOM Heads of Government Meeting, where an Afreximbank delegation led by George Elombi and Kanayo Awani met with Jamaica’s Prime Minister Andrew Holness to advance cooperation.

Prime Minister Holness thanked the bank for its support following Jamaica’s recent hurricane, noting that Afreximbank financing helped restore critical infrastructure including water, electricity, sewage systems and roads, while also assisting reconstruction efforts aimed at building stronger resilience to future disasters.

The meeting also focused on broader development opportunities tied to Jamaica’s membership in the agreement. Discussions included rebuilding and modernising infrastructure such as railways, hospitals and other public facilities, while strengthening regional transportation and trade networks to improve the movement of people and goods across the Caribbean.

Afreximbank has been expanding its presence in the Caribbean as part of its strategy to connect Africa with the region often referred to as “Global Africa.” The bank has already committed billions of dollars in financing and trade support to Caribbean economies in recent years, including funding for infrastructure, trade facilitation and private sector investment.

By joining the agreement, Jamaica gains expanded access to Afreximbank’s financial instruments, technical support and trade networks designed to promote commerce between Africa and CARICOM states.

Regional leaders say the growing partnership could unlock new opportunities in areas such as trade, logistics, tourism, manufacturing and cultural exchange, strengthening economic cooperation between the two regions with deep historical and diaspora ties.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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