No Christmas Budget
There will be no Christmas Budget. In fact, Minister of Finance Chris Sinckler is expected to put off the much anticipated presentation until the turn of the New Year.
However, high-level sources say Sinckler is scheduled to issue a ministerial statement when Parliament resumes on Tuesday on the performance of the Barbados economy.
The ministerial statement will address broad issues of social development financing, fiscal consolidation, economic growth and public sector reform, as well as set out the action plan for achieving the Government’s fiscal target for 2014 to 2015.