Economist Ronald Ramkissoon is reserving comment on the Government’s decision to reject Patriotic’s proposal.
Speaking on the Power Breakfast Show, he suggested that there is no way to validate either side’s claim until the terms and conditions of the proposal put forward by Patriotic are made public.
He added that until that is done; no real informed comment can be made by anyone.
Dr Ramkissoon, however, noted that there is still no clear answer as to whether there is any real need to restart the refinery in the first place.
The economist also addressed plans by Finance Minister Colm Imbert to borrow 2 billion dollars every fiscal quarter to address the fiscal deficit.
Source: News Power Now/Power 102.1fm