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Tax hit

Tax hit

Not only will Barbadians be paying more for goods when the National Social Responsibility Levy takes effect on Thursday, they can also expect to see more than a two per cent hike in costs, University of the West Indies economist Dr Troy Lorde has cautioned. “The two per cent tax of course will naturally filter […]

‘It is like 1991 all over again’

‘It is like 1991 all over again’

Economist Ryan Straughn said the new tax announced last week by Minister of Finance Chris Sinckler and a pending salary increase for parliamentarians had triggered memories of 1991 when Government ministers received a ten per cent pay rise, while public servants wages were cut by eight per cent. In resolutions yet to be debated in […]

Pitcher launches broadside against Govt

Pitcher launches broadside against Govt

The Barbados Government has no vision! That was the assertion of businessman Robert Pitcher as he slammed the Freundel Stuart administration over several issues, including the National Social Responsibility Levy and other tax measures announced by Minister of Finance Chris Sinckler in Tuesday’s Financial Statement and Budgetary Proposals. Pitcher, the director of Fun ‘N’ Sun, […]

BHTA welcomes proposals

BHTA welcomes proposals

Generally positive. That’s how the Barbados Hotel and Tourism Association (BHTA) is describing areas in the 2016 Financial Statement and Budgetary Proposals that speak directly to the tourism sector. BHTA Chairman Roseanne Myers welcomed the clarification of the Tourism Development Act (TDA) requirement for importing items for refurbishment, based on need rather than at specific […]

Govt should try to walk in Barbadians’ shoes

Govt should try to walk in Barbadians’ shoes

The economic situation is not as rosy as the governing Democratic Labour Party (DLP) is trying to suggest, Member of Parliament for St Thomas Cynthia Forde said Thursday as she painted a bleak economic picture of Barbados. In her contribution to the debate on the 2016 Financial Statement and Budgetary Proposals, the Opposition Barbados Labour Party […]

A kinder budget – Stephen

A kinder budget – Stephen

President of the Barbados Economics Society Jeremy Stephen wants to know how Government plans to implement some of the measures in the 2016 Financial Statement and Budgetary Proposals presented by Minister of Finance Chris Sinckler on Tuesday, even as he praised the monetary package as “one of the kinder budgets” presented by the minister. Sinckler […]

Blackett: Child Care Board being strengthened

Blackett: Child Care  Board  being strengthened

The much-maligned Child Care Board (CCB) received a vote of confidence Thursday from Minister of Social Care Steve Blackett, who sought to reassure Barbadians that the state agency was being strengthened to deal more effectively with the welfare of the island’s children. Speaking in the House of Assembly on the 2016 Financial Statement and Budgetary Proposals, […]

I’m for Hyatt – Bostic

I’m for Hyatt – Bostic

Developer Mark Maloney has Member of Parliament for The City Jeffrey Bostic’s blessing to construct a Hyatt Hotel on Lower Bay Street, although the Opposition parliamentarian is demanding answers to some troublesome questions. Bostic Thursday threw his support behind the proposed project, making it clear during his contribution to the debate on the 2016 Financial Statement […]

Like garbage

Like garbage

Member of Parliament for St Joseph Dale Marshall is likening the announcement by Minister of Finance Chris Sinckler that Government would appoint temporary workers to the collection of garbage by the state agency charged with that responsibility. “To say in the Financial Statement and Budgetary Proposals that Government is going to appoint temporary officers is […]

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