Gov’t Seeks Parliamentary Approval for Payments to Alcoa
Minister of Finance and the Public Service, Audley Shaw, yesterday (Jan. 20) moved a motion in the Lower House, seeking Parliamentary approval for Government to guarantee payments amounting to US$127.7 million by Clarendon Alumina Production Limited (CAP), to Alcoa Minerals of Jamaica LLC (Alcoa). The provision is under the Approved Organisations and Authorities (Government Guarantee) Loans Act. Of the sum,...
