The Main Opposition New Democratic Party has promised a reduction in the Value Added Reduction (VAT) if elected into Office.
The announcement was made by President and Party leader Dr. Godwin Friday – speaking at the Party’s 41st Convention – held at the Arnos Vale Playing Field on Sunday 29th September.
Addressing Supporters of the party – Friday made a call for national unity and among other things – made a commitment to Establish a Development Bank to promote local businesses, provide student loans at low interest rate and create jobs.
He stated that as part of its program to reduce hardship on the Vincentian Populace the NDP will implement a reduction of VAT from VAT from 16 percent to 13 percent.
The Convention was held under the theme “Unifying our nation: Reviving Hope.”