Government is considering spending $300 million in the new fiscal year to construct a dual carriageway to link the Point Lisas Industrial Estate to the Solomon Hochoy highway. Minister in the Ministry of Finance and Couva South MP Rudranath Indarsingh said so at a town meeting in Balmain, Couva, on Saturday. He said the project would see Rivulet Road, the present roadway which connects the estate to the highway, converted into a four-lane carriageway. Speaking on the economy, he said the financial system was stabilised when the Government pumped in excess of $20 billion into the system to ensure that thousands of workers and people with investments in CL Financial and the Hindu Credit Union did not go under.
He said there was a misunderstanding that the Government was only seeking to help those with great sums of monies invested in the HCU and CL Financial. He said that was not so as thousands of workers and HCU members benefited because of the financial policies of the Government. Indarsingh said Prime Minister Kamla Persad-Bissesar was showing a new style of leadership in terms of fulfilling the social contract with the people and the PP Government when it came to accountability. He said with Persad-Bissessar "it was not business as usual" as the PM had made it clear that MPs and ministers would be called upon to account for actions that were not in keeping with transparency and accountability.