The government is budgeting some $60 million in revenue foregone over the next three months to facilitate a Tax Credit and Tax Deferral Employment Retention Programme that would provide medium to large scale businesses with payroll support, in an effort to retain up to 10,000 private sector jobs over the next three months. Deputy Prime Minister and Minister of Finance Peter Turnquest said today that around 200 companies would benefit from this initiative.

Click here to read more at The Nassau Guardian