PLP statement, PLP Responds to FNM Bogus Claims

Tue, Nov 8th 2011, 01:12 PM

Enclosed is a Press Statement by The Progressive Liberal Party.   In September 2003 the FNM Party welcomed the new BEC rates announcement made by Perry Christie PLP Government but was quick to claim that this dividend was made possible only by the stewardship provided to the Corporation during the FNM's two consecutive terms in office.

Phenton Neymour and Earl Deveaux were both sound asleep at the wheel during the record oil price crisis (when Oil was at $147 per barrel) and allowed the Corporation to fully absorb Custom Duty & Stamp Tax on BEC Oil Imports which the Corporation was unable to bear as a result of the sharp spike in oil and is the major reason BEC finds itself with one foot on the banana peel and the other in the proverbial grave...

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