Job force
By Geralyn edward, Business Editor | Thu, October 04, 2012 - 12:10 AM
Microbusinesses that manage to escape the tax net should not be a major issue for Government at this time.
A top official of the Inter-American Development Bank’s (IDB) Multilateral Investment Fund (MIF) said these businesses that operated in the informal sector were really helping to keep unemployment numbers down, reduce poverty, and cut welfare assistance demands on the state.
Dr Nancy Lee, general manager of the Washington-based MIF, told the DAILY NATION last night that it was these small and microenterprises that were driving job creation during this very difficult economic period.
Speaking at the close of the micro- financing forum – FOROMIC – at the Lloyd Erskine Sandiford Centre, she said that tax collection, though important to the economy, was secondary to job creation at this time.
Please read the full story in today’s DAILY NATION, or in the eNATION edition.- Editor's Choice
- Most Read Stories Today
- Welfare agony
- Pastor charged
- Bajans top sick list
- Seabather dies on way to hospital
- Ease
- Which one is a fake?
- He preys on his female employees
Recent Comments
- David Hall commented on Ailing Garcia
- Payel Garcia commented on Bajans top sick list
- David Hall commented on Pastor charged
- Melly Mapp commented on Welfare agony
- Orson Arthur commented on Ease
_medium-135x135.jpg)
Share your thoughts
Please sign in or register to post your comments.
Page 1 of 1 pages
Even the unborn don't escape VAT!
- 1
- 1
Comment LinkPage 1 of 1 pages