| TCI to need more U.K. funding | | Print | |
| Thursday, 16 September 2010 10:01 | |||
 For the fourth month in a row, the Turks and Caicos Islands will need financial help to pay its bills at the end of September, Foreign and Commonwealth Affairs Secretary William Hague told the U.K. Foreign Affairs Committee last week. The U.K. already has loaned the country $15 million to meet expenses in June, July and August. “They are now facing another shortfall at the end of September, so we’ll have to decide with (the Department For International Development), or DFID will have to decide, how to deal with that,” Hague said Sept. 8. Members also asked Hague about the new government’s approach to dealing with Overseas Territories. “I have commissioned a review of our overall approach to the overseas territories,” Hague said. “That review is not yet complete, but we look forward to discussing it with the committee in future months. “I’ve put in charge of that policy Henry Bellingham — you’ve had discussions with him — who is a minister with great enthusiasm for putting some real purpose into our policy towards the overseas territories.” Bellingham is scheduled to visit the TCI on Sept. 19-21. Hague also commented on the proposed deadline for returning government to the people of the TCI, saying July 2011 may not be possible. “I think that this committee in the previous Parliament — Mr. Gapes has the report there — expressed concerns that the necessary reforms will not be well embedded by July 2011 and that former Ministers could be re-elected and resume allegedly corrupt activities, so we will be on our guard for that and ready to change the timetable if necessary.”
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