MBIA will not close

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Parent Category: Feb 2012

Category: Week end Feb 18th, 2012

Published on Monday, 20 February 2012 19:49

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The Government of Grenada gives the fullest possible assurance to the general public and visitors to Grenada that the Maurice Bishop International Airport (MBIA) will remain in full and effective operation.

Information Minister, Senator Glen Noel, on Monday said the administration will make the necessary financial arrangements for the Airports Authority to ensure the facility remains open to daily traffic.

“The government will do whatever is necessary to ensure the airport remains operational. The MBIA is vital to our economy and we will ensure that the daily operations of the facility are not compromised,” Senator Noel said.

He said, while it is a fact that the airlines servicing Grenada have been directed to pay monies due to the Airports Authority into a special account, the Government of Grenada will act “promptly and decisively”, to ensure that the Authority continues to service the airlines, visitors and the travelling public.

The situation arose due to a court judgment obtained by EXIM Bank of Taiwan against the Government of Grenada for the repayment of outstanding loans.

The Government will give a complete update on the status of efforts aimed at bringing a resolution to the debt with EXIM Bank of Taiwan, during the presentation of the 2012 budget.  

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