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  • Opting out of CARICOM travel bubble could affect LIAT’s efforts to resume operations – Nicholas

Opting out of CARICOM travel bubble could affect LIAT’s efforts to resume operations – Nicholas

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A number of countries are opting out of the travel bubble and news from St Johns is that it could affect LIAT’s intended recommencement of flights on November 08, 2020.

It was last month that CARICOM heads of government agreed that they would allow persons traveling within CARICOM states to avoid weeks of quarantine once they present a negative PCR test.

However, Grenada and St Kitts and Nevis have since decided not to participate in the bubble while Barbados has gone against the terms of the agreement by listing Antigua and Barbuda as a high-risk country.

On Thursday, Antigua and Barbuda’s Information Minister, Melford Nicholas, said if the arrangements for travel and the protocols for intra-regional travel are going to be cropped and changed at the blink of every eye, then it becomes a greater challenge for any business to operate, far less the persons who would wish to travel.

Furthermore, he said the instability of the regime’s that are in place because of what is now taking place in respect of the travel bubble, is not helpful to LIAT.

“It’s not helpful for persons wishing to travel because it’s going to create that level of uncertainty. More importantly and more troublesome has been the actions of Barbados which seemed to have come up with its own categorization and would have listed a number of Caribbean states in high category to include Antigua,” Nicholas said.

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According to the Antigua and Barbuda minister, “this falls out of the framework of the CARICOM travel bubble so it is from this standpoint that the government is expressing some concern and I am certain that this matter will wend its way back before the heads of government for further consideration”.

As at November 3rd, the twin island state, along with other CARICOM members states including The Bahamas, Guyana, Haiti, Jamaica, Suriname, Trinidad & Tobago and Belize, were listed among countries with increased risk of transmission of the COVID-19 virus.

However, compared to countries like St Lucia which currently has 74 active cases but is listed in the medium risk category, Antigua and Barbuda only has nine active COVID-19 cases – far below the 20 person threshold to even be considered as a medium risk country.

St Vincent & Grenadines (4) have also been categorised by Barbados as a medium risk country while Anguilla (0), Dominica (28), Grenada (4), Montserrat (0) and St Kitts and Nevis (0) are said to pose a very low risk. Even China has been categorised as a very low risk country.

The decision by the Barbados government to list Antigua & Barbuda as a high risk country means that travelers who leave the country are required to present a negative PCR test – taken within 3 days – before arriving in Barbados. Anyone who arrives in Barbados without that test can be denied entry.

Once there, they must remain in quarantine for 7 days after arrival. Four to 5 days after they arrive, they will be retested for COVID-19. It is only after a second negative PCR test that travelers are allowed to move within Barbados unrestricted.

Nicholas believes that the time will come when regional governments will have to reconvene to review the sustainability of the CARICOM travel bubble and to iron out issues regarding its implementation.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]