Davis: GB needs ten times funds govt has pledged

Wed, Sep 25th 2019, 06:00 AM

PROGRESSIVE Liberal Party Leader Phillip “Brave” Davis has called on the Minnis administration to increase the available funding for storm-ravaged Grand Bahama to $100m.

On Sunday, Prime Minister Dr Hubert Minnis announced that the government is establishing a $10m loan guarantee and equity financing facility that is targeted at micro, small and medium-sized (MSME) enterprises to either help them re-open or create new businesses in Abaco and East Grand Bahama in the aftermath of Hurricane Dorian.

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