Parliament backs housing loan plan, but Opposition has concerns

Parliament has approved a Government guarantee for a US$20 million loan being taken by the Saint Lucia Development Bank (SLDB) to support low- to medium-income housing. In practical terms, the Development Bank is borrowing the money, while the Government is standing behind the loan. If the Bank were unable to meet its repayment obligations, Government […] The article Parliament backs housing loan plan, but Opposition has concerns is from St. Lucia Times .