THERE IS NO CRISIS with the National Insurance Scheme (NIS).
Furthermore, says Minister of Labour and Social Security Dr Esther Byer Suckoo, it is doing well. 
Byer Suckoo spoke to the DAILY NATION yesterday in response to a stinging press statement by shadow minister of labour and social security Dwight Sutherland (right), who called for the Government to reveal the “true state” of the fund.
“Two recent International Monetary Fund reports – last year’s Article 4 report on Barbados, and National Insurance Scheme Reforms in the Caribbean – together with the 14th Actuarial Review indicate that the NIS’ expenditure now exceeds its contributions,” Sutherland charged in a press release. (AD)
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