Government To Assist Businesses With Roadworks Related Losses

Thursday 22nd, March 2012 / 01:21 Published by


Starting March 21, the government will go door-to-door asking those affected by the ongoing road works to detail their losses ahead of a massive repayment scheme, Prime Minister Hubert Ingraham announced last night.

Businesses on Baillou Hill Road, Market Street and Prince Charles Drive will be the first in the assessment.

Speaking to FNM supporters, Mr Ingraham said through this initiative, the government will compile information, including the businesses’ expenses, revenue, profits, accounts receivables and payables during the period 2007 to 2011.

Mr Ingraham said the surveying is expected to last two weeks.

The business owners then have one week to complete the surveys, and gather supporting documents, before the Ministry collects them.

In the weeks to follow, Mr Ingraham said the information will be analysed and decisions made on the assistance to be given.

, , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

The Bahamian Project

Like Us