Industry, Commerce, Agriculture and Fisheries Minister, Hon. Audley Shaw, says that the Microcredit Bill is being promulgated. He informed that the Bill is currently undergoing the final stages of preparation at the Chief Parliamentary Counsel, prior to submission to Parliament and will repeal the Moneylending Act.
Minister Shaw made the announcement on October 11, 2018, as he gave the keynote address at the Caribbean MicroFinance Forum held at the Hyatt Ziva Hotel, Montego Bay.
According to the Minister, the Government recognizes the vital role that the micro credit sector...