09 AUGUST 2011go-jamaica
Golding administration to decide on its stake in Jamalco
Edited by : AL CIRCLE
1 min read
Minister of Finance Audley Shaw last night revealed that by the end of August, the Government will make a decision on the sale of its stake in the Jamalco alumina refinery.
The Government has been incurring billions of dollars in losses each year because of a forward sales agreement between the former Peoples National Party administration and alumina giant, Alcoa.
The Government has been incurring billions of dollars in losses each year because of a forward sales agreement between the former Peoples National Party administration and alumina giant, Alcoa.
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