Tweet
JLP labels PNP as hypocrites
JLP Deputy Leader, Audley Shaw. (Gleaner Company photo)
Jamaica Labour Party (JLP) Deputy Leader Audley Shaw has labelled the opposition People’s National Party (PNP) as hypocrites for failing to admit to the country, the government is doing a good job at stabilizing the economy.
Addressing the JLP's Pedro Plains Division Conference at the Newell High School on Sunday night, Mr. Shaw, who is also Finance Minister, insisted that he had kept his promise to the country to borrow money at low interest rates.
“When we took the government three years ago, Omar Davies was borrowing money on the international capital market at between 10% and 12% interest rate. I have to pay back $400 million by May of next year, you know how much interest we are paying on that, 11.75% and when I said that I could get money at 3%, they laughed at me in the House,” Mr. Shaw said.
And Mr. Shaw also took a swipe at some trade unions and the PNP for their agitation over wage increases despite the global recession.
“PNP come and talk and PNP union people jump up and talk about ‘find money to pay everybody’ although the biggest countries in the world are cutting staff and cutting pay, some of them have cut both staff and pay and we are trying to keep things together here and PNP going on like they don’t know we doing a good job…hypocrites, hypocrites,” he said.
JLP Deputy Leader, Audley Shaw. (Gleaner Company photo)
Jamaica Labour Party (JLP) Deputy Leader Audley Shaw has labelled the opposition People’s National Party (PNP) as hypocrites for failing to admit to the country, the government is doing a good job at stabilizing the economy.
Addressing the JLP's Pedro Plains Division Conference at the Newell High School on Sunday night, Mr. Shaw, who is also Finance Minister, insisted that he had kept his promise to the country to borrow money at low interest rates.
“When we took the government three years ago, Omar Davies was borrowing money on the international capital market at between 10% and 12% interest rate. I have to pay back $400 million by May of next year, you know how much interest we are paying on that, 11.75% and when I said that I could get money at 3%, they laughed at me in the House,” Mr. Shaw said.
And Mr. Shaw also took a swipe at some trade unions and the PNP for their agitation over wage increases despite the global recession.
“PNP come and talk and PNP union people jump up and talk about ‘find money to pay everybody’ although the biggest countries in the world are cutting staff and cutting pay, some of them have cut both staff and pay and we are trying to keep things together here and PNP going on like they don’t know we doing a good job…hypocrites, hypocrites,” he said.
Comment