Finance

THA Allocated $50M for Oil Spill Clean-Up

Central gov. approves $50 million to T.H.A. for oil spill clean-up – T.H.A. originally requested $153 million

Despite requesting $153 million to cover the bills for the Gulfstream oil spill clean-up, the central government is only prepared to allocate to the THA a third of that request. During the Standing Finance Committee Meeting in Parliament, Finance Minister Colm Imbert stated they determined that $50 million would suffice based on documentation provided by THA.

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