The National Insurance Services NIS will be moving this year to carry out infrastructural development on the lands at Peters Hope
The disclosure came from Prime Minister Dr. Ralph Gonsalves during his Budget Address on Wednesday.
The Prime Minister said the NIS is in relatively sound actuarial condition, but nevertheless has several challenges which must be successfully addressed in order to ensure a sustainable social security system.
The Prime Minister outlined the major initiatives which will be carried out by the NIS this year.
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