Budget day: Wednesday, March 20. Prime Minister Mia Mottley will deliver her first Budget on March 20, 2019. Without doubt the 2019 Budget will be interesting not only for the pundits, for the masses as well, who for the first time are witnessing a Barbados in the grip of economic and social turmoil NEVER experienced in our history. The political
Read more
The Caribbean Development Bank in its 2018 economic review supports the economic approach the Barbados government has taken. The optimism is ‘premised’ on a favourable tourism performance, the opening of Ross University School of Medicine (RUSM), continued implementation of BERT supported by private sector projects in the pipeline – the possibility of external shocks a possibility. See report:
Read more
Submitted by Kemar J.D, Banking & Finance Student, University of the West Indies, Cave Hill Campus Barbados is currently under the BERT program funded by the IMF to undertake structural adjustment in the political economy. With the domestic debt profile of the economy being restructured to the detriment of local investors this gave the Government of Barbados a reduction in
Read more
The government has introduced a new format to debating the 2019 Appropriations Bill. Ministers of the respective ministries and support staff will be questioned by members of parliament. It is early days how the new format will improve government, however, it must be said that hearing directly from government officials is a refreshing change from the annual humdrum of ministers
Read more
He added that Light & Power is also planning “community solar to ensure that every Barbadian has the opportunity to participate in the island’s green transformation and the renewable energy future for Barbados.” – Roger Blackman, Managing Director (BLP) The Barbados Light & Power in its recent edition of Watts New Business Managing Director Roger Blackman reassured the audience that
Read more
The blogmaster must be honest and admit that the reform and structural changes required to transform the Barbados economy and society will have its negative impact. No austerity program can be rolled out without negatively affecting people. Unless one is rabidly partisan or dishonest it is obvious the work rate of the BLP government is much higher than that of
Read more
The Editor Barbados Underground Barbados,W.I Dear Sir/Madam, Recently, there was an article aired in the media concerning the utilization of fish by ensilaging techniques. According to Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, “between 30 and 70 per cent of fish caught by local fishermen is currently being wasted”. The project, entitled the “Fish Waste Silage” project
Read more