CISL to close

Rowley gave this confirmation in response to a question from Couva South MP Rudranath Indarsingh in the House of Representatives.

The Prime Minister explained that Government has done a general evaluation of the State Enterprise sector.

He explained that on a “case by case basis”, companies within the sector will be examined.

Rowley said if these companies have outlived their usefulness or strayed from their mandate, a determination will be made if dissolution is the best option.

The Prime Minister also said the “vast majority” of State Enterprise companies have complied with a directive to submit their financial reports by March 31 and this will better inform the Government about the true state of their respective affairs.

Recently, Government took decisions to dissolve the Tourism Development Company (TDC), Caroni Green and the Government Human Resource Service Company Ltd (GHRSL).