OPPOSITION Leader Philip “Brave” Davis said the country is headed toward a financial crisis and that he is certain it will face a credit downgrade. He said at a Progressive Liberal Party press conference yesterday: “We are on a fiscal cliff, falling, there is a financial crisis that we think is looming and looming large. A downgrade is for certain. We’ve been there but they’ve been able to gloss over and paint a picture that was not what we believe is right.” Mr Davis spoke after last week’s communication in Parliament by Deputy Prime Minister and Minister of Finance Peter Turnquest. In large part because of Hurricane Dorian, the deficit for the fiscal year has ballooned to $677.5 million and the government plans to borrow $507.9 million to meet the shortfall, Mr Turnquest said.

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