Mottley bashes Governor’s decision
That is how Leader of the Opposition Mia Mottley has described the decision of Governor of the Central Bank of Barbados Dr Delisle Worrell to break with custom by not holding a press conference following tomorrow’s release of the quarterly economic report.
Mottley insisted that Barbadians need to hear from the Governor on the state of the economy, the country’s reserves and how to finance the deficit.
“These issues have to be addressed. We cannot boost confidence in this economy by hiding and shrinking away from the real facts. People need more than ever to hear from the Governor and I trust and pray that the Government will recognise this and remedy this matter urgently,” Mottley said.
“In addition to having the Governor speak, the Government really needs to say to the Governor of the Central Bank that it is unsatisfactory that quarterly review after quarterly review we continue to have omissions in relation to key economic data. The truth is that this Government can gain nothing from hiding either as a Government or the Governor, in terms of not speaking. Barbadians need the full and frank facts and we have said over and over that this is the only way in which confidence can be boosted in an economy that has faced credit downgrade after credit downgrade and continues to face the difficult situation of not being able to raise funds to help finance its deficit,” the Opposition Leader added.