BUSINESSES will suffer as the Government raises the general consumption tax (GCT) on electricity to help fund its $613-billion budget, said two affected associations.
The Jamaica Manufacturers’ Association (JMA) and the Micro, Small and Medium-sized Enterprises (MSME) Alliance both said the new measure will be too much for companies operating in an already difficult business environment.
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GCT-free solar panels are generating huge interest among businesses struggling with electricity costs, said the Jamaica Manufacturers’ Association
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