The Senate had failed to agree on the best formula in nine sittings, with the sessions often characterised by high emotions and name-calling. And after nine days of intense meetings, members of the team appointed to broker a deal on the contentious formula have remained tight-lipped. We cannot tell when this process will end,” said a committee member, who spoke off the record. The team met officials from the Treasury and the Commission on Revenue Allocation (CRA) last Friday when the request for additional funds was floated. “They have not responded to us but I can tell, it is only the Treasury, through additional allocation, that will resolve this stalemate.
Source: The Star August 25, 2020 16:30 UTC