Improvements coming to financial entities

Despite being in its embryonic stage, upgrades are already underway at the Barbados Revenue Authority (BRA).

Word of this has come from Minister of Finance, Chris Sinckler, who has also revealed that improvements will be coming soon to several other financial organizations.

He made the announcement while speaking at the opening ceremony of the Regional Revenue Games at the Barbados Defence Force’s headquarters yesterday.


Minister of Finance Chris Sinckler


“Only two weeks ago in the Estimates of Revenue and Expenditure, I would have identified a number of areas that we wanted to strengthen in the public administration of Barbados.

“The BRA being one, the Financial Services Commission being the other one, and of course later this year we will pass into Parliament of Barbados a proposal for the establishment of a National Petroleum Authority,” Sinckler disclosed.

“These three institutions will bring a substantial amount of clarity to the policy, consistency to the application of rules and transparency in the operation of Government’s financial system. This I think is absolutely critical to the success of the Barbadian economy.” (RB)


2 Responses to Improvements coming to financial entities

  1. Sam April 3, 2015 at 11:52 pm

    Mr. Sincker after reading the Auditor General reports I think that several of the manager or heads of those department should be fired. If an individual does not perform his job, whether he is in Government or in private enterprise, he should be replaced with a more competent individual to perform his job. Barbados will not progress, until law and Order is respected and truth ,respect and honesty reigns

  2. Patrick Blackman April 7, 2015 at 12:20 pm

    The BRA should publish the names of all the individuals and companies that owe money to the government then we can see WHO WE SHOULD NOT DO BUSINESS WITH.


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