The Eastern Caribbean Partial Credit Guarantee Corporation Agreement Bill which was passed in Parliament on Monday is said to be a step in the right direction.
The Bill forms part of the Government’s thrust to create economic opportunities for Individuals who wish to operate Micro, Small or Medium Enterprises.
Prime Minister Dr. Ralph Gonsalves spoke about the importance of the Bill, which emanates from an agreement signed by Finance Ministers of seven Member States within the Eastern Caribbean Currency Union in March this year.
Meanwhile, Camillo Gonsalves, Minister of Economic Planning said this piece of legislation will facilitate growth and sustainability of Small and Medium size Enterprises.
Parliament has been adjourned until Tuesday August 29th at 10am.