Advertisement

Government repaying streetlight debt

The Government has started to pay the Jamaica Public Service (JPS) for streetlight debt it incurred last year.
 
Director of  Corporate Communications at the JPS, Winsome Callum, told RJR News that she is aware of  a payment being made, but she did not say how much of  the debt was paid nor how much is outstanding.
 
Earlier this year, it was revealed that the Government owed JPS more than $7 billion for streetlights. 
 
Then Minister of  Finance, Audley Shaw, said he was considering options which could be used to pay down the arrears and selling the Government's shares in the JPS was being considered.
 
He also said the Government may ask  Jamaicans pay more on their electricity bills to offset any future costs relating to installing streetlights.
 
The current Finance Minister, Dr. Nigel Clarke told RJR News that although payments have commenced he believes that selling the Government's shares in the utility company is still a viable option being considered.


comments powered by Disqus
More Stories
Most Popular
Small pig farmers not benefiting from...