FNM: PLP criticism of investment amendment is 'hypocritical'

Thu, Apr 21st 2011, 10:00 AM

THE FNM replied to opposition critcisms of recent amendments to the country’s National Investment Policy yesterday.
In a statement, the PLP had said that the “damaging revisions” have put many Bahamian entrepreneurs and countless more Bahamian jobs at risk.
The opposition party warned that policy changes on restaurants and entertainment benefitted foreign businesses at the expense of Bahamian entrepreneurs and aspiring entrepreneurs.
In a late night statement, the FNM termed PLP criticisms as “hypocritical and disappointing.”
The statement read: “It goes without saying that the removal of prohibition of international persons owning restaurant ...

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