Money not the only solution, says Inniss
Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, believes it will take more than “the almighty dollar bill” to get Barbados on an economic growth path.
“All the time you hear opponents say you need more money to do this and do that [but] I subscribe to the view in public sector administration that all of the solutions to the problems that confronts small open economies like Barbados do not reside in throwing more money behind the problems or the issues, you have to look to increase efficiency, higher level of productivity, eliminating the wastage and duplication and engaging the private sector where ever possible,” the St. James South MP said in his speech in support of the 2013-2014 Estimates of Revenue and Expenditure in the House of Assembly. Inniss further said that politicians in the both the Democratic Labour Party and the Barbados Labour Party must therefore “put their collective wisdom together and do what we have to do in the best interest of the country”.
“I understand the divides that come up but we have to get serious about these matters,” he said.
“I really hope that the tone set in this Chamber for last two days is not what this country has to endure for the next four to five years.
“One is very mindful of the continuing challenged position of Government in raising the necessary revenue that has to be done to address these expenditures. So the solution is not always in saying ‘give a few million dollars here, give a few million dollars there’. We have to recognise fundamentally that there are other solutions to the problems that confront this society and economy [and] it has to relate to how we do things as well.” (KC)††