The government is not moving ahead with the proposal mass transit project at this time.
Finance Minister, Colm Imbert, explains that the decision was taken following technical advice from officials of the Inter-American Development Bank who reviewed the cost and feasibility of the initiative.
The Finance Minister admitted that falling oil prices globally was a key factor which influenced the present position.
Speaking in the House of Representatives this afternoon, Minister Imbert said focus will be placed on developing the country’s road network and ensure efficiency in public transportation.
Finance Minister, Colm Imbert.