PNP again attacks JLP’s 10-point growth plan
OPPOSITION Leader Andrew Holness’ 10-point plan was again the subject of harsh criticism Sunday night at a People’s National Party (PNP) mass rally in Mandeville square, Manchester.
Dr Peter Phillips, finance minister and PNP campaign director, told the massive PNP base that aspects of Holness’ 10-point plan were a slap in the face of Jamaicans and the International Monetary Fund (IMF).
Holness, in a televised broadcast to the nation recently, promised to move the income tax threshold to $1.5 million, giving much of the country’s middle class a tax break, if the Jamaica Labour Party (JLP) forms the next Government.
Phillips said the party’s proposal “is telling us in their own way that they are tearing up the agreement that Jamaica has with the International Monetary Fund (IMF) and the international community”.
He stressed that such a move would cost the country $32 billion and that the promise to double the minimum wage would push that figure to $68 billion.
“If you going to finance that you would have to borrow much more money than is in our programme to borrow,” Phillips argued.
The finance minister said Holness’ plan would set the country back and could only work if the General Consumption Tax is doubled.
“A promise is a comfort to a fool… It is a puss in a bag pure samfie scheme,” he charged, adding “it cannot work; don’t mek them fool you.”
Phillips maintained that the JLP has put forward a plan that it will not be able to sustain or finance.