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$600m plan

rhondathompson, [email protected]

$600m plan

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THE OPPOSITION PROMISED an economic stimulus package but it is the re-elected Freundel Stuart administration that is about to deliver one.
Minister of Finance Chris Sinckler revealed yesterday in the House of Assembly during the first day of debate on the 2013-2014 Estimates of Income and Expenditure that a $600 million stimulus package was on to generate more economic activity in the country.
After calls from private sector leaders and the Opposition for some internally driven economic activity to boost the flagging economy, Sinckler said assistance was on the way.
The Minister of Finance explained that the Government-led package which would come in the form of capital works projects across a number of ministries would generate economic activity through construction and other infrastructural work.