Minister in the Ministry of Finance, Brian Manning, says the Government is intent on creating growth and investing in the country.
He made the comment while speaking on Power 102 Digital’s Power Breakfast Show as he hinted as to what could be expected in this year’s budget.
Minister Manning revealed that the public can expect see, in coming months, improved funding allocated to road and infrastructural repairs throughout the country.
He also defended the Government’s handling of the economy noting that despite the price of oil dropping to zero, there were no mass layoffs.
He admitted that while the Government has not been paying its bills as it should, there has been a concerted effort to reduce the Government’s debt to contractors and settle outstanding VAT arrears to business owners.
Minister Manning also addressed the proposed cap on the fuel subsidy.
He explained that monies which were previously allocated to the fuel subsidy will now be aimed at safety net programmes for the more vulnerable in society.
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