CDC says it will settle some 2013 debts soon

The Carnival Develop­ment Corporation (CDC) will soon be in a position to settle some of their debts from 2013.{{more}}

So says chair of the CDC Dennis Ambrose, who earlier this month, pleaded with the Government to assist the CDC in clearing a $250,000 deficit left from Vincy Mas 2013.

It would seem that Ambrose’s pleas have been answered, as on Tuesday, while speaking at a press conference, he expressed thanks to the Government for “intervening to assist the CDC with meeting some of its principal commitments.”

“The Government remains one of our major partners in the financial stake of this national cultural festival. We wish to reaffirm that those persons whose monies are outstanding for 2013, the CDC has been given the assurance that this will be dealt with in due course,” the chair said.

Minister of Tourism, Sports and Culture Cecil McKie also spoke briefly in relation to the deficit.

Making reference to Ambrose’s remarks, McKie highlighted the importance of continued communication between the Government, the Ministry, CDC and all of its components.

“I think we would have resolved those particular issues and pretty soon the mechanisms will be in place to allow CDC to settle the outstanding debts that would have been carried over from 2013 and allow us to move smoothly into the festival for 2014,” the Minister said. (BK)