Economist: NIB could be used to implement a wage subsidy

    0
    Photo credit: 103FM

    A well-implemented wage subsidy could save tens of thousands of jobs in T&T according to an economist.

    103.1FM News spoke with Dr Vaalmikki Arjoon this afternoon, following a proposal announced by UNC Leader Kamla Persad-Bissessar.

    As one of her election promises, she says businesses would be given a percentage of salaries to bring back employees.

    Dr Arjoon says the National Insurance Board can be used to implement the policy to avoid any loopholes.

    Dr Arjoon says this move may also bring the added benefit of getting unregistered businesses to sign up with the NIB.