The current DLP keeps telling Bajans that things are “OK and NOT that bad in Barbados”, however below is the overall summary of the DLP produced 2012-2013 Barbados Estimates. The DLP has given Bajans (5) straight years of a major account deficits due to poor fiscal alignment, budgeting coupled with ZERO fiscal vision for Barbados.
Estimated Current Barbados Revenue – $2,656,139,783
Estimated Total Barbados Expenditure – $3,645,859,147
Estimated Excess of Total Expenditure over Current Revenue $989,719,364
Capital Expenditure at January 31, 2012 increased by 6.2% over capital expenditure for the same period in fiscal year 2010-2011
(excerpt from DLP produced 2012-2013 Barbados Estimates)
Now you tell me BU does the 2012-2013 Barbados Estimates summary above give you the “warm fuzzy” that things are OK in Barbados, keeping the PM in mind and the possibility of giving the DLP another term?