The Country’s Leader Says That contrary to what is being said in certain quarters, government’s debt-for-asset swap with the Medical Benefits Scheme is a win-win situation

Prime Minister Gaston Browne says contrary to what is being said in certain quarters, Government’s debt-for-asset swap with the Medical Benefits Scheme is a win-win situation.

He defends his administration’s arrangement with MBS, which will ultimately result in the clearing of government’s debt to the institution.

As part of the arrangement, the prime minister said government has undertaken to remit 3.1 million dollars every month to the Medical Benefits Scheme.

The Medical Benefits was established as a special fund to provide financial and other assistance towards the healthcare cost of the nation.

Government, over the years, has amassed a debt of 250 million dollars.