ColmImbertThis Government cannot afford to spend $700 million on the Government Assistance Tuition Expenses Programme.

Finance Minister Colm Imbert revealed that with oil prices at 45 dollars a barrel it would be difficult to facilitate that cost.

He revealed that while government was considering some of the recommendations made by the appointed task force, a final decision hasn’t yet been made.

The Finance Minister stated that the program saw several changes since its inception, one of which was which Institutions were allowed to receive funding.

He also disclosed maintained that the program has cost the country millions.