USVI governor issues executive order to reduce operating costs to protect essential services

By executive order, US Virgin Islands Governor Kenneth Mapp has taken major steps to reduce the cost of government operations, given that cash revenues flowing into the treasury are insufficient to meet current expenses.

Noting that the 32nd Legislature continues to deliberate on his five-year economic recovery plan, which is designed eventually to eradicate the territory’s ongoing structural deficit, Mapp’s order cites the need for “immediate and comprehensive action to reduce current spending”, while ensuring, to the extent possible, that essential services to protect public health, safety, and welfare are preserved.

Read more: http://www.caribbeannewsnow.com/topstory-USVI-governor-issues-executive-order-to-reduce-operating-costs-to-protect-essential-services-33539.html

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