EDITOR, The Tribune.
Very clearly the cash-flow of Government is under serious pressure but when this is allowed to continue hundreds of millions could be collected from the hundreds who are delinquent in paying their bills.
I recall back six-years the Education Scholarship Fund was owed millions then which I am told now sits at over $100m and bless Government ain’t nothing being done. Minister Lloyd…30-day notice resolve the debt (pay the darn thing) or in 60 days your name will appear in the newspaper…shame these delinquent people.
Same goes for Real Property - no Minister Turnquest re-assessing property; property which many are current and owe nothing…use those people to collect the debts some over 20-years old! Again warning, 30-days and shame. Watch the money flow.
This BP&L Bond…if the Bond is a 20-year Bond just how will the public only be paying the Bond ‘fee’ for 10-months? BP&L has to find $30-32 million a year to service the interest! New maths?
Remove VAT on Health Insurance - BP&L - W&S - Banking costs in-fact everywhere as they struggle to survive on a fixed inadequate Pension.
W THOMPSON
Nassau,
December 10, 2019.
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