Thank you, Mr. Speaker. I must say that of all of us Ministers, no one was overly anxious to take on this job of tackling potential and possible revisions to the Business Incentive Policy. Each of the elements that make up the policy are rather contentious, hated and loved by different sectors and members of the public. There is the policy itself, which is neither black or white. It is a policy which in general terms, we believe, as a government, has brought enormous benefits to the people and the economy of the north, but it does need some revisions. I have been tasked as a Minister to undertake consultation to look at potential revision to the policy. I have done that. We have taken some suggestions from the standing committee, none of which were unanimous. I must add, none of the amendments that were suggested by the committee were unanimous. So I have the task of trying to come up with some proposed revisions, going to Cabinet with them, getting some blessing and to then take the proposed revisions out to the public for further consultation. I have yet to approach Cabinet to make the suggestions to the revisions in detail. Thank you.
Stephen Kakfwi on Question 702-13(4): Status Of The Business Incentive Policy
In the Legislative Assembly on October 16th, 1997. See this statement in context.
Return To Question 702-13(4): Status Of The Business Incentive Policy
Question 702-13(4): Status Of The Business Incentive Policy
Item 6: Oral Questions
October 15th, 1997
Page 1631
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