Arthur’s policy problematic, says Hutson
St. James Central MP, George Hutson, has warned that former Prime Minister Owen Arthur’s privatisation policy will result in the loss of many jobs.
And he also warned that many senior management positions in Barbados were being filled by persons born in other countries.
Hutson issued these warnings yesterday while addressing a Democratic Labour Party rally at Fitt’s Village, St. James.
The Minister of International Business and International Transport argued that Government had a duty to preserve some beach front properties for the use of local residents.
He noted that the beaches at Fitt’s Village and Holetown were the only remaining open windows to the sea on the St. James†coastline.
Addressing the issue of economic management of Barbados, Hutson pointed out that Arthur’s policy of a car in every household was a drain on the foreign reserves of the country.
“Arthur created a big foreign exchange deficit with his policy of a car in every household. The expenditure of $700 million on the construction of the Dodds Prison was a drain on the foreign exchange of the country,” Hutson said.
He pointed out that Government’s new energy policy would reduce the drain on the island’s foreign exchange. Referring to the expansion of the cruise facilities at the Bridgetwon Port, Hutson said it would not only create jobs for Barbadians, but would earn valuable foreign exchange for the country. (NC)††