Yesterday the blogmaster allocated some time to listen to Minister Ryan Straughn’s (opening 40 minutes of the video posted) moving the second reading of the Amendment to Financial Service Commission (Amendment) Bill 2022. The purpose of the amendment was to validate a fee regime to support the Financial Services Commission (FSC) being financially self sufficient. The other reason was to
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There is another important exercise unfolding in the Barbados Parliament. One of the most important working committees of parliament – PUBLIC ACCOUNTS COMMITTEE (PAC) – chaired by leader of the Opposition Reverend Joseph Atherley has been meeting to call to account the workings of the Transport Board. The revelations from the PAC so far corroborate the Auditor General’s several reports
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This Committee scrutinises the value for money – the economy, efficiency and effectiveness – of public spending and generally holds the government and its civil servants to account for the delivery of public services. As delivery models for public services have changed, so the reach of the Committee, in following the taxpayer’s pound, has spread beyond government departments to
Read moreSubmitted by Douglas Some Barbadians, especially the social commentators and the likes of Harold Hoyte, Carl Moore. Patrick Hoyos, Albert Branford, Wild Coot, Tennyson Joseph, Allan Fields, Peter Wickham, Caswell Franklin, David Ellis, Denis Johnson, et al, still want to know how the country got into this economic situation. Some of us surely have very short or convenient memories. HAVE
Read moreBU will not jump over the moon at the news the Public Accounts Committee (PAC) met yesterday. We will when action is taken against those who flout the financial rules of Barbados. What the PAC meeting has confirmed so far is that both political parties when in government have ignored the financial rules, the National Housing Corporation although accepting loan
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It has become patently obvious to the BU household that politicians in Barbados are members of a fraternity who will defend their ‘club’ even at the expense of the national interest. The two political parties have been latched on to a good thing for the last 30 years. Each party gets a chance to enjoy the ‘sweets’ compliments of the
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