Monday, February 23, 2009
By DANA SMITH
dsmith@tribunemedia.net
THOSE adversely affected by the New Providence Infrastructure Improvement Project will still be compensated despite the change in government, according to PLP chairman Bradley Roberts.
Speaking as a guest on the radio show Real Talk Live hosted by Ortland Bodie, Mr Roberts also commented on the party's mortgage relief plan and the recent criticism of it.
When asked about the on-going infrastructure project and compensation for businesses that may have been negatively affected, Mr Roberts said: "I announced about six months ago that a PLP government would revisit the question of compensation for those persons adversely affected by the road-works and we intend to carry that out."
The party chairman also spoke on the recently published report by Wall Street credit rating agency, Moody's, which accused the PLP of "undermining" efforts to rein in the national debt and dubbed the proposed mortgage plan "a credit negative".
Mr Roberts dismissed the report as an "opinion" and said the PLP will go through with their mortgage relief plan under the advice of the party's own financial experts.
"Moody's and other such houses . . . they are entitled to their opinions," he said. "The PLP was elected the government of the Bahamas, not Moody's.
"We can take into account their observations and so on, but we have our experts who we consult with, who we will take their advice and will implement the programme in conjunction and co-operation with the banks and the financial houses in the Bahamas."
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