Read the following paragraph and determine if the hypothesis is true:

Finance Minister Colm Imbert says the NIF fund is a way for the government to give back to citizens. Minister Colm Imbert explains that the government was able to recover from CLICO investment back 4 and half billion dollars worth of Republic Bank shares. He also says part of the assets of WITCO, Angostura and OCM have been put into the NIF which was launched last week. The offer document says priority will be given to individual applicants.

Available options:
 *Yes.
 *It's impossible to say.
 *No.
Hypothesis: Applicants being considered will be on a group basis that prioritizes fund distribution based on type of need.


