UDECOTT owes contractors $8 billion

THE Urban Development Corporation of Trinidad and Tobago (UDeCOTT) owes contractors some $8 billion.
This was the statement made by Food Production Minister Vasan Bharath today after a meeting with representatives from the Association of Cooperative and Credit Union Presidents.
Bharath said government had many debtors and it would be difficult to find a middle ground to help all.
The Water and Sewerage Authority (WASA) also owes some $4 billion in outstanding debt.