Private sector says believes budget will spark growth

The Private Sector Commission (PSC) says it believes that this year’s budget will generate growth and lauded Finance Minister Winston Jordan on his presentation.

In a statement yesterday it however expressed disappointment at the absence of comprehensive reform of corporate taxes and PAYE and said it was concerned at the planned early implementation of the requirement to provide compliance certificates in order to obtain licences.

The PSC said that it is elated at the planned expenditure on infrastructure, in particular the $2bn on hinterland airstrips. It said that this will improve connectivity with the hinterland and allow for access to markets in the