OPPOSITION EXPESSES CONCERNS TO THE IMF

Members of the Opposition say they are still holding firm to the view that Grenada is not ready for the imposition of the Value Added Tax (VAT).

This was reiterated by Parliamentary Representative for Carriacou and Petite Martinique, Hon. Elvin Nimrod who led a delegation which met with the IMF’s team this week.

Nimrod said in no uncertain terms to the visitors that the Opposition in principle has no problem with VAT but believes that the Government is heartless to implement VAT at a time when the economy of Grenada is at its worst.

Moreover according to nimrod because of the lack of serious economic activities in the country the government will never realise the projected revenue the Government intend to collect from VAT.

He said at a time when unemployment rates are exceptionally higher, and when people are finding it more and more difficult to make ends meet, government should be taking more decisive steps to cushion the effects of the local crisis we now face.

Nimrod explained that the actions or lack of actions by the NDC Government is largely responsible for this situation and that their decision to impose the VAT has worsened the situation.