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No bonds for salaries, pensions or gratuities

December 14th, 2021

An assurance from Government that it doesn’t intend to make payments for salaries, pensions and gratuities in bonds under the Debt Settlement legislation currently being debated.

It has come from Leader of Government Business, Senator The Most Honourable Dr. Jerome Walcott.

He made the disclosure while stoutly defending Government’s debt settlement, and noting the Mia Mottley administration has had to deal with 1.9 billion dollars in arrears, including the NIS.

Meanwhile Opposition Senator Caswell Franklyn says he’s pleased with the clarification that people’s gratuities will not be affected, however he’s still opposed to the Bill.

According to him, Government should not be paying people with IOUs.

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