The Cabinet also agreed that a small increase in vehicle registration fees, on heavy-duty trucks and on earth-moving equipment that utilize the roadways shortening their lifespan, will soon be enacted following the next Parliamentary sitting this month. The amounts to be raised by this shift will be utilized to leverage a loan from several banks that will be utilized to fix many roads throughout the country. It will become a dedicated sum, not unlike the Board of Education Levy that is currently used to provide resources to fund education; or, the statutory obligations paid to MBS by all employed persons to support healthcare in the country. The complaints of potholed and poor road surfaces will be eliminated in Antigua and Barbuda, the Cabinet decided.
Cabinet Approves Road Repair Fund with New Heavy Vehicle Fees, Bank Loan Strategy
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