Standard & Poor's

UNC deputy political leader says finance minister misleading the population

UNC deputy political leader David Lee is accusing finance minister Colm Imbert of misleading the population.

According to the Pointe-a-Pierre MP, the minister's comment that the recent downgrade by Standard and Poor's was as a result of inaccurate data provided by the energy ministry is erroneous.

He says according to a release issued by the international credit rating agency, the company did take into consideration the fact that this country would be experiencing increases in oil and gas production.