Opposition Leader Ronnie Skelton has insisted that the government must seek loan funding if it wants to fix the territory’s sluggish economy and create meaningful, long-lasting employment for residents.
“We are encouraging the government to go out there and borrow the level of funding that is required to fix the infrastructure of this country,” Skelton said recently. “There’s no doubt about it, you hear the members in the districts complaining about the water problems. In spite of us having BiWater and with 2.2 million gallons of production a day … water still can’t get to the homes.”
Skelton added that the numerous infrastructural challenges facing the territory cannot be fixed overnight.
“There’s no doubt in our mind that people are hurting out there,” Skelton stated. “The cost of living is high and as an opposition and a government, we need to find means and ways to assist people who need food, who need assistance with paying house rent.”
Skelton’s comments were echoed by Third District Representative Julian Fraser who said the government must allow the opposition to help make changes to certain laws or introduce new ones that will allow the country to function since it’s currently at a standstill.
Fraser also proposed that the government borrow money from the Social Security fund and said the issue of borrowing money is a necessity and not rocket science.
“The money…