Finance
THA receives $50 Million for oil spill
T.H.A. receives $50 million allocation from mid-year budget review for oil spill expenses.
The Office of the Chief Secretary is reporting that it has received the $50 million allocated by the central government in the mid-year review for oil spill-related expenses. In a press release disseminated late Wednesday night, it noted that at 3:00 PM earlier in the day, the funds were deposited in the THA’s account. The Chief Secretary stated that now that they have the money, they will work as fast as possible to issue payments to service providers.
