Adviser knocks SNP's not-for-profit plans
ONE of the Scottish Government's own economic advisers has criticised the way ministers want to pay for building new infrastructure.
Professor John Kay, a member of the Council of Economic Advisors, said the not-for-profit-distribution (NPD) method dreamt up by the SNP was "PFI (private finance initiatives] with window dressing." The council has told the government that it needs to find alternatives to PFI.
John Swinney, the finance secretary, has admitted in the past that the NPD is part of the PFI family. A spokesman said: "The Scottish Government has not initiated any new PFI projects since May 2007."
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Monday 28 May 2012
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