While President Donald Ramotar says that the $226M allocated for the National Insurance Scheme (NIS) in this year’s budget is to improve its efficiency, Opposi-tion Leader David Granger says it is not enough and he will be lobbying for an increase when the estimates are debated next week.
“A lot of this money would be going into probably different types of studies and so forth to ensure we adopt different policies and so forth. How do we broaden the net so that the NIS … can be sustainable so that when we retire we can be assured of something there,” the Presi-dent told a press conference on Thursday.
However, Granger said that the sums were not enough. “There must be urgent and far reaching reform in
