Minister of Finance Winston Jordan yesterday flagged the Public Sector Investment Programme (PSIP) as having performed far below both expectations and economic needs in 2017.
He has further declared that Budget Agencies should be in a state of readiness to implement the PSIP, come January 01, 2018.
Jordan had first flagged this underperformance at the half year. At that time significant concern was expressed about the lack of progress of the PSIP and government agencies worked to accelerate implementation.