Pre-elections VAT reduction promise was ‘imprudent’

President David Granger has called the elections promise by the APNU+AFC to reduce Value Added Tax (VAT) within its first 100 days in office “imprudent.”

Asked on this week’s “The Public Interest” programme if his coalition’s promise of a reduction in VAT was no more than an election gimmick, Granger said that while it is still possible that VAT will be reduced, it has not happened yet because the money is not there.

“When we got into government things were not as we expected. We had to