In response to recent comments made by the GSD on Government debentures and public debt the Government has claimed that the decision to redeem Government debentures, whilst also giving savers the opportunity to invest their savings in the Gibraltar Savings Bank, has no impact on the level of public debt.
YGTV took the chance to speak to the Chief Minister, Fabian Picardo, straight after yesterday’s address to the United Nations’ Fourth Committee.
YGTV: Has there been any progress since the address to the Committee of 24 earlier in June?
Check out Chief Minister Fabian Picardo’s speech given last night at the United Nations’ Committee of 24 meeting:
‘Mr Chairman
Members of the Committee will recall that, last year, after my intervention, the distinguished Spanish Ambassador replied accusing me of having misled you.
Yesterday evening the recently appointed chairman of the Self-Determination for Gibraltar Group addressed the United Nations' 4th Committee. His speech in full is as follows:
'Good afternoon Mr Chairman and members of the Committee.
I appear before you today as the newly appointed Chairperson of the Self Determination for Gibraltar Group. I thank you for the opportunity afforded to me to address you all. I will be brief as is required.
