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Michael Lee-Chin chides gov't for not divesting under-performing assets

Michael Lee-Chin, Chairman of the Economic Growth Council, has criticized the government for failing to divest under-performing assets.
 
He said the reluctance is causing lower than expected economic growth.
 
The Economic Growth Council has recommended that the Factories Corporation of Jamaica and Urban Development Corporation divest $30 billion worth of assets.
 
But Mr. Lee-Chin argues that he has only been getting excuses from the government.
 


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