Mia’s plan

Mottley shares economic recovery proposals with private sector

With less than two years to go before the next general election, Barbados Labour Party (BLP) Leader Mia Mottley is already making a case to the private sector as to why a Government under her leadership would be capable of digging the country “out of the seemingly bottomless pit”.

Tugging at the heartstrings of the business community, Mottley said the country was suffering from a huge fiscal deficit, inefficiencies, corruption, economic downgrades and poor business facilitation, and that the BLP was ready to lead with a clear plan and decisive and focused leadership to correct those problems.

In an address yesterday to the monthly luncheon of the Barbados Chamber of Commerce and Industry (BCCI) at the Hilton Barbados Resort, the Opposition Leader said the ills brought upon the country by the ruling Democratic Labour Party had led to an erosion of confidence.

“Because of the ill-advised policies, the unfortunate political tribalism and corrupt practices of an incompetent Government, confidence has been undermined, both internally and externally, trust has been eroded, [and] the integrity of the Barbados brand has been severely tarnished. As long as apprehension and uncertainty persist in our midst, the erosion will continue. Without confidence, investment will always falter,” Mottley warned.

Speaking on theme Rebuilding Investor Confidence in Brand Barbados, the BLP leader said it was possible to place the island on the right path again.

However, she said it would not be easy because in addition to getting the productive sector to perform again, a BLP administration would have to reverse economic decline triggered by “institutional implosion and social decay”.

Therefore, she said, the task of bringing the country back to prosperity would require “absolute discipline, commitment to mission, creativity, compassion and a willingness to listen” and the involvement of everyone willing to work towards that goal.

“We must begin by acknowledging that much of our present dilemma results from the absence of two vital attributes – bold, focused and decisive leadership and sound, transparent, accountable and disciplined governance,” Mottley told the business community.

Without getting into specifics, Mottley promised “a bold new course” and “the right policies” to achieve growth and increase Government revenues.

And in a clear reference to the uncertainties that surrounded the recent introduction of the National Social Responsibility Levy, the Opposition Leader vowed that a BLP administration would think through any taxes it planned to introduce.

“I make you a solemn pledge we will not introduce taxes in Budget speeches and then try to figure out how to implement them. This cavalier approach affects confidence at all levels,” she said.

Mottley pledged to strengthen key state institutions and root out corruption, which she charged had become “an alarming new feature” of the current administration.

She also promised to reduce and eventually end the practice of the Central Bank’s funding of Government and to run a fiscally disciplined administration that would not be reckless in its spending.

“The one thing that a government controls is what it spends. We will be disciplined in this regard. The BLP will make choices that prioritize the country’s needs,” she said.

In addition, Mottley promised the private sector that a BLP administration was prepared to enact legislation early in its tenure to encourage investment, and to involve the various sectors, include the BCCI, in the decision making process.

7 Responses to Mia’s plan

  1. Brien King
    Brien King November 25, 2016 at 3:04 am

    Woe unto those that don’t get what you have just stated and have not prepared themselves for the things that the new government do and allow outside powers to have their way with Barbados. If people really thinks it bad under the present government, wait until the new one comes to power, you will indeed be enlightened………..to be in areas you never dreamed of being there. There will be much moaning by the people in those days and nights and it wouldn’t have anything to do with pleasure.

  2. Hal Austin November 25, 2016 at 3:53 am

    Great stuff. Include ordinary people in this discourse. Put pressure on the government, don’t remain silent. Let people know that the government – not just the finance minister – is out of its depth.
    After 18 months these uncomfortable truths will make the DLP run for cover.
    Contest every statement they make. It is also important to tell people what a BLP government would do. Ignore the nonsense about keeping your powder dry; the DLP is incapable of stealing ideas.
    In making a case for a BLP government do not be afraid to distance yourselves from the Arthur governments. Tell voters you have moved on. Bring in new faces; press home the message.

  3. BaJan boy.. November 25, 2016 at 7:24 am

    Brien idiot King I told you to stop those iliterate poor spelling bad grammar rants on these pages.It is clear you know not of what you speak and then to put it in such poor grammar is not only an embarresment to yourself unknowingly but painful to readers. Ms. Mottley clearly understands just like what Donville Inniss said yesterday there must be a new and different way forward and she outlined it to intelligent people who clearly understand exactly what she said. Your poor and limited intellect surely seem not to allow you to understand and like most blind DEMS you have difficulty understanding.

  4. Alex Alleyne November 25, 2016 at 1:20 pm

    Just asking, Is Bajan Boy in the print media the same as Tall Boy in the electronic media ??????.

  5. Miche November 25, 2016 at 6:46 pm

    Who netter know how and where to dig,,,,,She and her group dug the hole we are in at present,,so did,Mia, Did…….It is like pretending to find something that you hid,and conveniently found it

  6. Miche November 25, 2016 at 6:47 pm

    Who better know how and where to dig,,,,,She and her group dug the hole we are in at present,,so did,Mia, Did…….It is like pretending to find something that you hid,and conveniently found it

  7. Phil November 25, 2016 at 7:05 pm

    Brien, I don’t think you’re silly, but I don’t quite understand your points of view. A little over 40 years ago, Both Guyana and Jamaica had thriving economies, with their dollar on par with the US dollar. The then governments nationalized all foreign and local companies saying that those interests belong to its peoples. All the overseas experts and marketing strategists were sent packing. With no expert skills on hand, These two countries literally had to import everything. In Guyana especially, lots of things were banned which resulted in smuggling in things. With no cash reserves, their deficit grew to 167% of Gross Domestic Product. their Gross National Product became unproductive and stagnant. They had no choice but to go to the IMF. They printed large amounts of their local currency because everything became very costly. They had to devalue their dollar against the US dollar. Today, Guyana trades at GUY $210.00 to USD $1.00 and Jamaica, JAM $ 130.00 to USD $1.00. Today in Barbados, our deficit is 163% of our GDP, with practically little or no GNP which is our tourism product and manufacturing exports./ We import everything. What do you think will happen if we don’t attract foreign investments?


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