Government should pay as much attention to NIS reforms as it did to VAT implementation Special court should be set up for NIS litigation

weights.jpgThe raft of recommendations contained in the recently completed report on the reform of the National Insurance Scheme (NIS) can only be effectively implemented if they are energetically supported by the political administration including President Bharrat Jagdeo according to an informed NIS source.

Speaking with Stabroek Business late last week the source, who declined to be identified, said that it could not be taken for granted that the implementation of the recommended NIS reforms will be implemented with the sense of urgency that it warrants. “Ideally, what we need is for President Jagdeo and the relevant cabinet ministers and officials to throw their weight behind NIS reforms in the same way that the government threw its weight behind the implementation of the Value Added Tax,” the source told this newspaper.