A cash-strapped City Hall still owes hundreds of millions of dollars to contractors and two major projects have been temporarily shelved due to the cash crunch.
“We owe almost all of our contractors’ monies for works they have done because there has been a shortage of financial resources,” Town Clerk Royston King told Stabroek News on Thursday. As a result, works on the Kitty Market restoration project and the Presidential Park between Orange Walk and Cummings Street, have been halted.
