BARBADIANS ARE NOT being given a clear picture of the amount of money Government owes individuals and businesses here and overseas.
Opposition Leader Mia Mottley has rejected the $250 million she said Minister of Finance Chris Sinckler listed as Government’s arrears to various groups.
She said Government actually owed more than $480 million, a sum that did not include the costs it would have meet to fix CLICO.
Leading off the Opposition’s reply in the Estimates Debate, Mottley said the National Insurance Scheme was owed $180 million in contributions from the reimbursement of non-contributory pensions “that the Ministry of Finance would normally carry as a cost”.
She said Government also owed the Williams Industries group $40 million, and still had to pay the University of the West Indies $150 million in arrears. (SC)
Please read the full story in today’s Daily Nation, or in the eNATION edition.