20 Jan

Clarendon College cool Little London

first_imgReynaldo Richardson struck twice to lead title contenders Clarendon College to a hard-fought 3-0 victory over the well-drilled Little London High in the ISSA/Flow daCosta Cup quarter-final yesterday in the feature match of a double-header at the Frome Sports Ground.Petersfield edged Fair Prospect 2-1 in the first game, to give themselves a shot at advancing to the next round from Zone R, which is being led by defending champions St Elizabeth Technical High School (STETHS).The champions roughed up Vere Tech 4-1 in Santa Cruz to underline their intent and are clearly now rounding into the kind of form coach Omar Wedderburn mentioned after their last game.It took the Clarendon aggregation 56 minutes to break what was up until then, a wonderful spectacle of attacking football, when Richardson fired in a torrid shot from an angle for the 1-0 lead.Richardson scored the second three minutes later, this time as a Creggton Charleton free-kick was headed back across the goal and the forward made no mistake from inside the six-yard area, to make the score 2-0.FREE-KICK GOALClive Jarrett hit Clarendon’s third off another Charleton free kick in the 86th minute with a simple finish, after the Little London goalie Clifford Clarke had the ball bounced off his right leg.The Zone S clash, began with Little London playing at a high tempo and looked the smarter of the two in the opening exchanges.But they could not sustain the high velocity, and Clarendon slowly began taking a hold of proceedings, through Charleton and Shande James in the midfield.Coach Paul ‘Tegat’ Davis made a slight adjustment at the start of the second half, and it paid rich dividends with Richardson opening the scoring. From there, it was practically all Clarendon.Little London’s bravery was broken and they succumbed to their second loss of the season.”This was a game in which our experience showed, primarily in the second half,” said coach Davis.”Little London came at us hard in the first, but we buckled down to play some good football. It was a really competitive game, but I am happy to have won with just one more game in this round and the semi-final on the horizon,” noted Davis.Elsewhere, Cornwall College continued their steamrolling express with a difficult 2-1 win over Ocho Rios, thanks to yet another two-goal burst from leading scorer Jourdaine Fletcher to join Manchester High on 6 points in Zone P. Manchester defeated Glenmuir 2-1.Dinthill returned to winning ways, outplaying Rusea’s 3-1 in Zone Q to be on 3 points, and stay second in the zone behind Lennon High (6 points).Lennon had earlier in the day tagged Paul Bogle 1-0 to hold prime position heading into a semi-final berth.Yesterday’s resultsSTETHS 4, Vere Tech 1Ocho Rios 1, Cornwall College 2Manchester 2, Glenmuir 1Steer Town 3, Spot Valley 0Dinthill 3, Rusea’s 1Clarendon College 3, Little London 0Petersfield 2, Fair Prospect 1Lennon High 1, Paul Bogle 0last_img read more

18 Jan

Ellen to Veto the Budget?

first_imgThe Business Desk of the Daily Observer has credibly learned that President Ellen Johnson Sirleaf will veto the National Budget Law for fiscal year 2014/15 approved last week by the National Legislature. According to Executive Mansion sources, President Sirleaf will do a line veto of the budget which many economists consider a huge departure from the actual reality of the economy. The lawmakers passed the budget increasing their salaries and benefits amidst the economic challenges in the face of the Ebola crisis.“The segment of the fiscal budget passed by the legislature is not realizable,” said a Liberian public budget analyst, who feels that the lawmakers’ decision to increase the budget above US$500 million is unthinkable at this time.The National Legislature passed the budget last week increasing its re-adjusted revenue envelop from over US$473 million to US$660 million contradicting the actual numbers highlighting declining revenue and huge government deficit.The economy has receded by over 6 percent projected with real gross domestic product (GDP) growth dipping further downward to 0.4 percent due to the ongoing Ebola crisis.Investment and export as well as government spending as functions of the economy have all been hit due to the crisis.Investments have dwindled as contractors and companies declared force majeure and left the country, but this does not stop the government from paying workers and ensuring that public institutions function—-which ultimately creates extra spending pressure on the government as the Ebola virus disease (EVD) outbreak rages.A revenue expert explained how the government would have collapsed had the World Bank and other multilateral institutions and bilateral governments not given direct budgetary support to pay health workers’ salaries and settle other costs.“The best we can do is to operate on core revenue only,” said this expert who preferred anonymity.Tax revenue is the government’s single largest resilience for funding, but with most of the businesses hit hardest by the EVD, revenue projections from them could be contingent upon how fast they recover from the impact of the virus, analysts have said.Apart from the initial draft budget envelop of US$473.2 million, members of the legislature included US$7.047 million as additional revenue from the budget hearing.In addition to this amount, they also made the following adjustments US$24 million core grant, US$50.3 million contingent (grant) revenue and US$70.6 million (core) borrowing as well as US$10 million borrowing (contingent) and US$25 million signature bonuses for oil blocks 6, 7, 16 and 17, respectively. By increasing the revenue envelop of the budget by US$186.9 million and increasing their own allowances and other benefits, many economists are wondering where the government will raise additional revenue from to complete the financing of the budget when deficit is already above US$305 million.Responding to our reporter’s inquest at the Ministry of Information Cultural Affairs and Tourism (MICAT) press briefing on Thursday, Finance Minister Amara M. Konneh announced that the economy is in trouble. “The economy is undergoing serious stress as a result of the Ebola crisis and the need to intervene in further stabilizing the country’s already fragile economy cannot be overemphasized. The government is challenged in dealing with deficit financing. We have a very huge task in dealing with deficit financing because we [government] don’t want to sink our country into another huge debt,” said Minister Konneh. He called for strong fiscal discipline in government as the economy struggles to recover.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more