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GOVERNMENT is planning to assume approximately $27 billion in debt owed by Clarendon Alumina Production Limited (CAP) and the Wallenford Coffee Company (WCC).
In two Ministry Papers tabled in the House of Representatives yesterday, Minister of Finance and Planning Dr Peter Phillips said that the Administration was seeking to assume approximately $24 billion in debt owed by CAP to the PetroCaribe Development Fund (PCDF) and approximately $3 billion owed by Wallenford to the PCDF, as well as the National Export-Import Bank, and the European Investment Bank.
http://www.jamaicaobserver.com/news/...tment_17230641
You would think Bauxite and coffee were blessings but .......
Karl tell me about FINSAC again?
How can the people who make these deals be still around heading committees and doing major deals and projects?
In two Ministry Papers tabled in the House of Representatives yesterday, Minister of Finance and Planning Dr Peter Phillips said that the Administration was seeking to assume approximately $24 billion in debt owed by CAP to the PetroCaribe Development Fund (PCDF) and approximately $3 billion owed by Wallenford to the PCDF, as well as the National Export-Import Bank, and the European Investment Bank.
http://www.jamaicaobserver.com/news/...tment_17230641
You would think Bauxite and coffee were blessings but .......
Karl tell me about FINSAC again?
How can the people who make these deals be still around heading committees and doing major deals and projects?