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No need to worry, says Stuart

As Barbados gets ready to celebrate its 48th anniversary of Independence, Prime Minister Freundel Stuart is assuring the country that “there is no need to worry” despite persistent economic challenges.

Stuart told the media on Friday following a Blessing on the Nation ceremony at the St Philip Primary School that the challenges facing the country are being dealt with.

He also insisted that the situation is nothing the country has not faced before.

Barbados’ challenges at the moment are not challenges that which we can not deal with. The world went into a downturn in the last quarter of 2007 and every country in the western world, including the most powerful ones, were affected by it.”

He made reference to the United States and Britain, which he explained took six to seven years to get their financial houses back in order.

Stuart maintained that the economic crisis is so severe that “CARICOM heads asked Barbados to head a commission on the economy because outside of oil rich Trinidad and Tobago every other Caribbean economy is under pressure.”

But we have faced challenges like this before,” Stuart stated, adding, “The crisis, which we have passed through recent times, is not an oil crisis, the other three we have passed since Independence were all oil-related. Now these things have to be remembered.

Coming out of the first oil crisis when Errol Barrow was Prime Minister of Barbados or when we were not yet independent in 1975, the unemployment rate in Barbados was 22.5 per cent, today it is about 13 per cent. Inflation was running in Barbados in 1975 at 40 per cent, today it is less than five per cent. So we have climbed some high mountains in the past and been able to get through.”

The Prime Minister explained that the current crisis was completely different from the others, adding that “we do not know how long it is going to be, there are those here who would like to have you believe that it has ended, it has not ended.”

The measures that had to be put in place were painful as happens when you are not well. When you are not well you don’t always like what the doctor gives you but when you are seriously ill one of the first things that is attacked is your appetite and if your appetite is attacked then you lose weight. Even after your situation has been stabilized it doesn’t mean that you can go and run a hundred metres, you still have to work yourself back to where you want to be and that is precisely what is happening here,” Prime Minister Stuart explained.

However he was adamant that his Government was hard at work trying to turn the situation around.

There is no need for Barbadians to worry, we have the challenges within focus and we are working steadily on them to get the economy of Barbados back to normal, where growth can take place and where the economy can begin to expand and begin to get a little larger again so that more people can benefit from the country’s prosperity.

I want to assure people of Barbados, that Barbados is going to survive, its it going to prosper,” the head of Government added.

24 Responses to No need to worry, says Stuart

  1. Ramon Maynard
    Ramon Maynard November 16, 2014 at 3:25 pm

    Usually they mean the opposite. Take heed citizens. Don’t worry=worry.

  2. Coloured Man
    Coloured Man November 16, 2014 at 3:39 pm

    when he say so its the opposite

  3. Mark King
    Mark King November 16, 2014 at 3:43 pm

    Why we can’t better fuel prices. Because the idiots made a deal wid Trinidad so them now raping the barbados economy

    • Philip Matthews
      Philip Matthews November 16, 2014 at 3:57 pm

      are we not a colony of T&T ?

    • Rusty Ralph
      Rusty Ralph November 16, 2014 at 7:40 pm

      Check your facts and see who set up the Trinidad deal and when. Both DLP and BLP killing this sweet country.

    • Curtis Brewster
      Curtis Brewster November 16, 2014 at 8:01 pm

      The Trinidad deal had to be created when Mobil moved out of the Caribbean,Rusty Ralph but that is no excuse for the present situation we face with fuel prices.David Thompson probably Darcy Boyce came up with a formula that was to move fuel prices with world market prices of crude and it never happened.Further,excise tax was raised by 50% two budgets ago with a promise that if crude went past $95 it would be cut;it never was and oil prices have been falling for a year now and our fuel prices have been going up.Can you imagine the revenue take from fuel with crude prices where there are,excise tax up plus VAT up on top of that.Whatever arrange was made before has nothing with what is happening now.

  4. Philip Matthews
    Philip Matthews November 16, 2014 at 3:57 pm

    I do worry that they will lie their way back into power in the next election just like the last 2 elections ..

  5. Veroniva Boyce
    Veroniva Boyce November 16, 2014 at 4:17 pm

    Don’t worry? HeKnows don’t have to worry his salary, travelling expenses to no way conferences, pension, household, VIP room at QE, medical bills including his fully furnished detached 6 down 3 across with the undertakers are secured. That’s why HeKnows got that beautiful smile on his face.

  6. Ouida Burnham
    Ouida Burnham November 16, 2014 at 4:17 pm

    No need too but we have to the only one to stop our worries is GOD he will take us through it or from it

    • Ryan Bayne
      Ryan Bayne November 16, 2014 at 7:17 pm

      Man is so unjust. It’s only God whom we must put our trust.

  7. Pam Fazio
    Pam Fazio November 16, 2014 at 5:57 pm

    Maybe because he has a job and food and a roof over his head unlike many in Barbados.

  8. Beverley Headley
    Beverley Headley November 16, 2014 at 7:00 pm

    Stop the crap but “world economy” no one ain’t buying that crap-face the truth its incompetence and bad management by you and your cabinet that brought us here and u don’t give a dam cuz u eating, wunna pockets fat while the other 90% is asking where the next meal coming from-just get to hell out of the office and call elections for crying out loud!

  9. Greitcha Smith
    Greitcha Smith November 16, 2014 at 7:10 pm

    So said the Captain of the Titanic lol

  10. Suzanne Nurse
    Suzanne Nurse November 16, 2014 at 7:45 pm


  11. Lorraine Lewis
    Lorraine Lewis November 16, 2014 at 8:02 pm

    ….when a politician says don’t worry…translates to…we in big trouble…

  12. Monica Walton
    Monica Walton November 16, 2014 at 8:15 pm

    Well we have grown as a people we are learning however I will say do not let the worries cause you distress enjoy what life has to offer and smile brightly it relieves stress

  13. David Coulthrust
    David Coulthrust November 17, 2014 at 1:50 am

    Got to love the PM’s conviction.

  14. Michael Paul Welch
    Michael Paul Welch November 17, 2014 at 8:28 am

    Reminds me of the pilot who reassured passengers that it was just some minor turbulence while turning to the co-pilot with his mic still on and said ” Boy I don’t know how we goin get outta dis one !”

  15. Kathie Daniel November 17, 2014 at 8:49 am

    I respectfully beg to differ with the Honourable Gentleman. We have LOTS to worry about, including striking air traffic controllers – who have apparently resorted to this desperate move in order to get the air conditioning in the control tower repaired. ATC is a very high stress environment and I cannot imagine working in a hot, stuffy enclosure and trying to concentrate on keeping thousands of people and tonnes of machinery safe and running on schedule!


  16. Beverley St John
    Beverley St John November 17, 2014 at 10:12 am

    What flight was dat bozie?! Lol!

  17. Glenda Ifill- Applewhaite
    Glenda Ifill- Applewhaite November 17, 2014 at 2:35 pm
  18. Gregg Moseley Clarke
    Gregg Moseley Clarke November 17, 2014 at 4:16 pm

    Oh shut up

  19. Corey Worrell
    Corey Worrell November 17, 2014 at 5:16 pm

    My Lord help us.

    This has been the chorus from this administration every year and we barbadians accept it and go our merry way

    this is a total shame; imagine, not ONE SINGLE solution put on the table

  20. Cheryl A Rollins
    Cheryl A Rollins November 17, 2014 at 6:04 pm

    I have taken Sad Sack’s advise and will not be led by an ignorant General.


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