Fri | Sep 21, 2018

Weak excuses not to fund FINSAC enquiry

Published:Tuesday | January 20, 2015 | 12:00 AM


I find the Government's refusal to fund the conclusion of the FINSAC enquiry, while it is willing to fund the Tivoli enquiry to the tune of more than $300 million, to be a childish political play.

The country would like to understand where policies failed so that there can be no repeat of the economic tragedy of the mid-1990s.

Even if the final FINSAC report is not favourable to the policies pursued at the time, the large mass of voters may not really be able to grasp all nuances that could make them critical of former Finance Minister Dr Omar Davies and the People's National Party.

The economic history of Jamaica needs to be formally recorded so that even Dr Davies himself can quietly reflect upon whether he made the best choices for the Jamaican economy as he watches his colleague, Dr Peter Phillips, manage the austerity that naturally flowed from Dr Davies' profligacy.