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Try less taxation, new political party tells Govt

Try less taxation, new political party tells Govt

The leader of one of Barbados’ three new political parties is suggesting that reducing the tax burden on citizens is one way to get the country out of its economic woes. Grenville Phillips II of Solutions Barbados made the call for an immediate decrease in the level of taxation, contending that it would not only […]

Economic fallout

Economic fallout

With the jury still out on whether Governor of the Central Bank of Barbados Dr DeLisle Worrell will actually be sacked or not, the local business community is calling for an urgent resolution to the current legal wrangling at the helm of the country’s monetary authority. A day after details emerged of a nasty fallout […]

Oh no, DeLisle!

Oh no, DeLisle!

It seems as though Minister of Finance Chris Sinckler is not the only one Central Bank Governor Dr DeLisle Worrell has crossed in recent weeks. Amid the present demand by the minister for the Governor to step down, the National Union of Public Workers (NUPW) has issued a strongly worded statement in response to Worrell’s […]

Chris should go, suggests Straughn

Chris should go, suggests Straughn

Economist Ryan Straughn believes that Central Bank Governor Dr DeLisle Worrell is not the only one who deserves to lose his head for poor management of this country’s monetary and fiscal policy over the past seven years. Speaking on radio here Monday morning in the wake of reports that Minister of Finance Chris Sinckler was demanding […]

DeLisle stays

DeLisle stays

The economic axe has fallen. However, it is now for the High Court to decide whether Minister of Finance Chris Sinckler and members of the board of the Central Bank of Barbados acted within their rights in demanding the head of Governor Dr DeLisle Worrell on the proverbial silver platter. Sinckler, at the insistence of […]

Court halts Governor’s removal

Court halts Governor’s removal

The High Court has granted a temporary reprieve to Central Bank Governor Dr DeLisle Worrell after the embattled chief economist had reportedly been given until the end of today by Minister of Finance Chris Sinckler to resign or be removed from the job. Attorney-at-law Gregory Nicholls, who is the Governor’s legal representative, confirmed to Barbados TODAY […]

Pressure mounting on Central Bank Governor

Pressure mounting on Central Bank Governor

Pressure is said to be mounting on Central Bank Governor Dr DeLisle Worrell to step down, following a recent ultimatum issued by members of the board of the island’s monetary authority. Barbados TODAY has been reliably informed that Minister of Finance Chris Sinckler has since met on at least two occasions with the Governor, who has […]

Go after the private sector, Govt told

Go after the private sector, Govt told

Barbadians’ docility and submissiveness allow the private sector to get away with ignoring their financial commitments to the country, one accountant has charged. Secretary of the Institute of Internal Auditors’ Barbados Chapter Krystle Howell Thursday night told a meeting of the Kiwanis Club of Bridgetown at the Goddard’s Training Room on Fontabelle it was time for […]

Dwindling reserves

Dwindling reserves

The island’s foreign reserves have fallen to the lowest level in 14 years, according to Governor of the Central Bank of Barbados Dr DeLisle Worrell. However, Worrell has sought to calm nerves by revealing that Government was anticipating over $250 million, including $68 million on the Sam Lord’s project, $100 million from the sale of […]

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