The Ministry of Finance yesterday said that it is not exploring avenues for administering the teachers housing fund.
In a statement, the Ministry of Finance contradicted information which had been supplied by the Ministry’s own Finance Secretary Dr Hector Butts to the Public Accounts Committee (PAC) of Parliament on Monday.
Adverting to the article in Tuesday’s edition of Stabroek News headlined ‘Parliament committee asks about teachers housing fund’, the ministry said it noted that the article says the following, “The Ministry of Finance is exploring the placement of the $200 million Housing Revolving Fund, established in 2011 to allow teachers to access low rate home loans, under the