Category Archives: Barbados Economy

Pay the $3.50 or Alternatively Drink the Poison

“A nation of sheep will beget a government of wolves.” ― Edward R. Murrow The blogmaster continues to listen to the fury in the feedback by Barbadians triggered by government’s decision to increase bus fare to $3.50.  After more than four decades has the national discussion changed about the state of public transport and the burgeoning sub culture which accompanies

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2018 CDB Economic Review – Vote of Confidence?

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:

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The White Elephant in the Room

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

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Appropriation Bill and Estimates 2019 Debate

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

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BL&P’s Promise to Barbadians — You Must Invest in Community Solar

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

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IMF Gives Green Light to BERT BUT…

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

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