The Auditor General Report&nbs...
Wednesday, 28 September 2016
Tuesday, 27 September 2016
Monday, 26 September 2016
Sunday, 25 September 2016
S&P moving goalposts again, says Sinckler.
MINISTER OF FINANCE Chris Sinckler sees the country’s latest downgrade by international rating agency Standard & Poor’s as another example of moving the goalposts when it comes to Barbados.
On Friday, Standard & Poor’s reduced Barbados sovereign credit rating down from B to B- and once again chided Prime Minister Freundel Stuart’s administration for its high fiscal deficit.
“It is unfortunate but not generally unexpected,” Sinckler...
Saturday, 24 September 2016
Atlantic tropical disturbance east of the Windward Islands and Barbados.
Saturday 24th 5pm - Atlantic tropical disturbance east of the Windward Islands Barbados be ready for tropical storm conditions that will include wind gusts to 60 mph, flooding rainfall with totals of 2-5 inches and very rough seas with sea heights of up to 6-10 feet possible starting late Tuesday night and continuing through all day Wednesday and all night Wednesday night before weather conditions improve on Thursday morning.
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Friday, 23 September 2016
Barbados has been downgraded yet again by Standard & Poor's Global
Barbados downgraded yet again
To view the full article click the link - S&P Full articl...
Thursday, 22 September 2016
Wednesday, 21 September 2016
Defining the foreign reserves
During the Budget debate last week, the Minister of Finance went to great lengths to demonstrate that he is in charge of the country’s finances.
However, in his attempt to underscore the point, he made a rookie mistake which perhaps may be lost on some people but not to those who took the time to listen to him carefully.
I must admit that it is indeed good news that it has only taken him six years to learn the definition of the net international...
Tuesday, 20 September 2016
Repairs still pending - The pavilion at Wotton since January 2016
EIGHT MONTHS after Minister of Sports Stephen Lashley warned supervisory staff and employees of the National Sports Council (NSC) that it was time to “work for their pay”, and ensure remedial work was done on dilapidated sporting facilities across the island, little to no work has been done.
Lashley’s comments during a tour after a two-part series in the SUNDAY SUN editions of January 10 and 16 highlighted the deteriorating condition of...
Monday, 19 September 2016
Explain Cheques (by nationnews)
YOU THINK THAT BECAUSE I write once or twice about the Central Bank, that I would believe everything I hear about it? This old lady met me in the fish market while I was looking for a small dolphin to help with my diabetes.
“Wild Coot,” she said, “is the Central Bank supposed to be making payments on behalf of the Ministry of Sport and Culture, or am I giving my mouth liberty?” I know that the Central Bank is entitled to issue cheques in order...
Sunday, 18 September 2016
Inniss wants clear-cut levy (by nationnews)
MINISTER OF INDUSTRY, International Business, Commerce and Small Business Development Donville Inniss says he wants to clear up concerns members of the business community have about the controversial National Social Responsibility Levy.
During a sometimes contentious meeting between manufacturers and officials of the Barbados Revenue Authority (BRA) yesterday in the Barbados Investment & Development Corporation (BIDC) offices on Harbour Road,...
Saturday, 17 September 2016
'It is like 1991 all over again' (by BarbadosToday)
Economist Ryan Straughn said the new tax announced last week by Minister of Finance Chris Sinckler and a pending salary increase for parliamentarians had triggered memories of 1991 when Government ministers received a ten per cent pay rise, while public servants wages were cut by eight per cent.
In resolutions yet to be debated in Parliament, Government has proposed a ten per cent hike in pay for all Cabinet members, Members of Parliament, Parliamentary Secretaries, and Senators.
Meantime, Sinckler announced in the 2016 Financial Statement...
