COMING SUNDAY: Petrojam – do the maths!

In next Sunday’s Gleaner, Zia Mian concludes his multi-part series analysing the review of the Petrojam refinery. He writes: “In presenting the terminal alone option, the consultants performed only financial, and not rigorous opportunity/social cost analysis. The math reveals that without a permanent tax incentive, the refinery will continue to incur losses.”