The following is an update from a BU correspondent with a few edits applied by the blogmaster. It is important we maintain focus on the management of the economy. It is encouraging to observe in recent days the Nation newspaper has been guided to also focus on the economy and related news as Barbadians immerse themselves in matters related to celebrating Christmas. The challenges facing the country will be waiting patiently for a return to more sober ways.
The Estimates for 2022/2023 confirm the common practice in recent decades of successive governments constrained to fund ugly deficits to support our consumption behaviour, graft, financial incompetence/mismanagement exposed in annual Auditor General Reports and Central Bank Reports. The estimates for 2022/2023 read a shortfall of $173. million dollars.