Government is unable to continue shelling out millions of dollars to keep the loss-making Transport Board running, and a major restructuring is on the cards, Minister of Transport and Works John Boyce said yesterday.
However, the route that will be taken is uncertain at this stage.
Boyce made the disclosure as he went to the House of Assembly seeking approval for an $8.1 million subsidy for the statutory body.
“We have reached the point in Barbados where we recognize that the Transport Board as it is structured today will continue to be a burden – not in the truest sense of the word burden – but will continue to be a cost to the Consolidated Fund of Barbados in its present form and the time is fast coming when consideration will have to be given to a complete reorganization of this entity,” Boyce said.
Read the full story in today’s MIDWEEK NATION.