The bull had to be held by its horns, says Stuart

Prime Minister Freundel Stuart told Barbadians today that the National Social Responsibility Levy (NSRL) was not introduced “by stealth”, but resulted from extensive discussions among experts in the Ministry of Finance and Economic Affairs and the Central Bank.

Stuart gave Barbadians this assurance today while wrapping up an eight-hour meeting of the Social Partnership at the Hilton Barbados Resort.

“The Ministry of Finance and Economic Affairs is possessed of some of the most creative talent you can find anywhere in Barbados or the Caribbean. We have experts in Government; we have experts whom we consult outside of Government and we have expertise in the Central Bank. There are also very ordinary people in the society who make suggestions to us from time to time. That is where the NSRL had its genesis,” he stressed.

The Prime Minister also said that given the country’s serious deficit problem, officials of the Ministry of Finance had sought to deal with it incrementally. However, he said this brought howls of protest from many quarters about how much money the Central Bank was printing for the Government.

“The bull had to be held by its horns. I do not get into the business of fortune telling, and economic forecasting is a very slippery business. We need hope that the policy works. That is what every Minister of Finance and every government has to do. It is what every business manager has to do as well. It is what every manager in every context has to do – put policy in place, put all the necessary pillars of support around that policy and work towards its success,” he said.

His comments were in response to concerns levelled by the trade unions and the private sector about the way in which Government was going about resolving the island’s economic challenges.

During today’s consultation, the unions and the private sector took particular issue with the NSRL, which was hiked from two per cent to ten per cent in the May 30 Budget.

However, the Prime Minister said though the NSRL was being viewed by its opponents as the “sin against the Holy Ghost”, his Government was forced to “bite the bullet” in an attempt to address its large deficit.

He recalled that when Government met with leaders of the labour movement on June 23, they had suggested that the levy be reduced to five per cent because it could be burdensome to workers.

However, he said it was agreed then that the levy should be given a chance to see how it performed in the first quarter, which ends on September 30.

He further recalled that he had made a promise that depending on its performance, Government would be willing to look seriously at the prospect of granting either a coping allowance or getting into serious discussions on a salary increase.

“I want to suggest to the unions once again that we give the levy a little more time to work, observe its performance, discussions would be taking place as has been agreed,” the Prime Minister said, while maintaining that “no alternative to the NSRL has been put on the table to deal with the deficit”.

56 Responses to The bull had to be held by its horns, says Stuart

  1. Ricardo Worrell
    Ricardo Worrell August 12, 2017 at 1:57 am

    Imagine seeing his face in the dead of night,sheer horror

    Reply
  2. Michael King
    Michael King August 12, 2017 at 2:03 am

    If there was a choice between the Venezuela president and this joker I would choose Maduro. He is a disgrace to all right thinking bajans. Please resign PM.

    Reply
  3. Michael King
    Michael King August 12, 2017 at 2:10 am

    We need now to march/protest for the resignation of this government, they have killed our country. They must go now. A total disgrace.

    Reply
  4. Boyce Jr Angus
    Boyce Jr Angus August 12, 2017 at 2:31 am

    He got me tired….that meeting (if ya want ta call it that) was little more than grandstanding by the stubborn ministers, an attempt at showing up the union & a huge waste of tax dollars

    Reply
  5. Hyacinth Mayers
    Hyacinth Mayers August 12, 2017 at 3:59 am

    Another foolish Donald Trump don’t know what the hell he’s talking or doing.

    Reply
    • Anfaani Henry
      Anfaani Henry August 12, 2017 at 4:09 am

      he’s emboldened by the actions of -45. he didn’t talk much before but now every day he talks…they are brothers.

      Reply
    • Michael Turton
      Michael Turton August 12, 2017 at 4:13 am

      When I read the article … Donald Trump also came to my mind lol

      Reply
  6. Anfaani Henry
    Anfaani Henry August 12, 2017 at 4:08 am

    Elections please

    Reply
  7. Michael Turton
    Michael Turton August 12, 2017 at 4:18 am

    Sir, you use that word “expert” too loosely… there is no evidence to date of such expertise due to constant failure of your initiatives. I hope we do not discover you they have been consulting with Ninja man

    Reply
  8. jrsmith August 12, 2017 at 5:15 am

    Thats a change, at last our priminister realize him and his government was holding the bull by its tail……..

    Reply
    • Jennifer August 12, 2017 at 6:08 am

      Two realities here >>>>>>>> The only bull them holding by the horns is the majority bull, the minority lion can only be held by the tail.

      “no alternative to the NSRL has been put on the table to deal with the deficit”. Back at square one.

      Reply
  9. Tony Webster August 12, 2017 at 5:20 am

    @Michael King: tek bow, sir!

    Reply
  10. Claire Battershield
    Claire Battershield August 12, 2017 at 5:49 am

    What the F is wrong with this idiot. Bull by horns my ass. Just do the right shocking thing and go

    Reply
  11. Winnie Meade
    Winnie Meade August 12, 2017 at 6:17 am

    Look if this was to show up the union they win hand down well don to all of them i give them1000%
    NOW TO THAT MAN ABED YOU DID NOT CLOSED YOU SHOP NOW YOU WHAT THE PEOPLE CAN DO

    Reply
  12. Patrick August 12, 2017 at 6:27 am

    Fool yourselves idiots, nothing will change with a change of government, bills still have to be paid, where is the money coming from if you don’t pay taxes?
    It’s a pity that the only thing most of you ever run is your big mouth.

    Reply
  13. Patrick August 12, 2017 at 6:32 am

    Most of you who who want the union to bring down the government cannot survive if there is a crisis.

    Two days without pay and you in all sorts of financial problems, let the people who.have investments in this country talk……. parasites

    Reply
  14. Lynda Bonnett
    Lynda Bonnett August 12, 2017 at 6:34 am

    Wth this ugly looser should be held by???

    Reply
    • Reginald King
      Reginald King August 12, 2017 at 9:13 am

      He nose….

      Reply
    • Lynda Bonnett
      Lynda Bonnett August 12, 2017 at 9:20 am

      Lol lol Reginald King

      Reply
    • Coralita August 12, 2017 at 11:10 am

      Each time I read these silly, immature comments from you so called adults about the features of the PM I am reminded of calibre of some people who make up this population.

      Attack the policies that may not be working, that is what intelligent people do. Pull up the government on poor management of the economy and leave out the personal attacks. Small-minded people throw personal attacks on others. Silly and then you said people would want to tell young people they are wrong when they repeat your very actions.

      Poor examples too many of you are.

      Reply
  15. Patrick August 12, 2017 at 6:43 am

    The NUPW and BWU should give their employees an increase in salary and better working conditions first and lead by example.

    What about the expensive cars both unions have? Did the the cash strapped union buy those cars?
    How many workers were sent home from the BWU?
    When will Sandy Lane and Royal Shop matters be addressed?
    Why is there no attempt to unionised the workers at Automotive Arts?
    I want some answers.

    Reply
    • Coralita August 12, 2017 at 11:11 am

      Are the workers at ABEDS unionised?

      Reply
    • hcalndre August 14, 2017 at 2:54 pm

      @Patrick; let me try to understand what you are saying. You`re telling the unions to increase the pay of the workers that the government hired? Who is responsible for the workers that lost their jobs at Sandy Lane and the Royal Shop? Is the present Union leader said that they will call out Br.Street and Swan Street if the workers are not rehired. Then the race card was played and some bajans were happy to say, Y”es we need some one to stand up to the white folks.” The workers that pay union dues don`t have a piece of paper to let them know the rules of the company they work for and when you have a union shop all the workers have to be in the Union or you can`t be employed. Union in Barbados will always have a difficult time getting anything done because barbadians are anti union. I heard the host on a radio station saying that if the union call a strike they would go to work, this is when cracking of heads would be for real. The word “Levy” is not taken seriously, you`ll better check with the “Big Word Man.”

      Reply
  16. Itz Queen
    Itz Queen August 12, 2017 at 6:45 am

    The lot a long talk and nothing was accomplice ,The prime Minister haven’t swayed from what he had said.give it until September.

    Reply
  17. Patrick August 12, 2017 at 6:46 am

    Mr. Prime Minister, stand your ground, do not allow no racist clown talk down to you, he resigned from a board so that Stephen Alleyne would not be his CEO.

    Reply
  18. David Hall August 12, 2017 at 6:54 am

    I think the bull needs to leave the arena. The current bull the DLP is D.amn L.ame and P.athetic and needs to be put to rest.
    Today’s meeting convinces me more now than ever, that the current administration is at the end of its useful life and creative energy, if ever it had any.

    Reply
  19. Sandra basc August 12, 2017 at 6:54 am

    What a load of BULL. That was a waste of tax payers money. I hope the lunch at The Hilton was worth it. The Prime Minister and his entire cabinet are a bunch of idiots.

    What made him come out of his slumber, is it the 20,000 that marched? For 8 years he couldnt careless about anyone or anything in this country. Not a word from him since he believes he does not have to report to the people of this country.

    The PM with his condescending attitude only agreed to this meeting to undermine the Union and the private sector.

    Why did he have to be Chairman of the meeting and have the last say?

    As usual he got his own way. I guess by now he is snoring soundly.

    Reply
  20. Alex Alleyne August 12, 2017 at 6:55 am

    To get positive results you must hold the bull by his ba$$s.

    Reply
  21. Alex Alleyne August 12, 2017 at 6:56 am

    Then and only then , his heart and mind will follow.

    Reply
  22. Stephen D Stewart
    Stephen D Stewart August 12, 2017 at 7:06 am

    He’s right about Bull…Bull****….

    Reply
  23. Patrick August 12, 2017 at 7:07 am

    Lynda, I hope you are not referring to my PM because we provided a good country for you to live.

    Reply
  24. Mark Adamson August 12, 2017 at 7:29 am

    The Social Partnership met yesterday at the Hilton Hotel and from the Barbados Today news stories I have been reading there is nothing substantial that came out of the meeting in terms of SOLUTIONS/ALTERNATIVES on the way forward for Barbados.

    Well, I again help to restate the following twenty three (23) fundamental objectives that – out of many others – will be helped brought about by the People’s Democratic Congress (PDC), in rightful and dutiful association with other political organizations forming a certain future coalitional government of Barbados:

    1) The Abolition of Taxation;

    2) The Abolition of Interest Rates;

    3) The Abolition of ALL so-called Exchange Rates Parities with the Barbados Dollar;

    4) The Abolition of All Motor Vehicle Insurance;

    5) The establishment of a National Currency Board (NCB) to manage currency and financial credit flows within the country, and into and out of it;

    6) The making sure that the Real Actual Cost of Use of Money in Barbados is substantially reduced in the medium to long term;

    7) The making sure that the Money Turn Over Rate is substantially increased in this country;

    8) The legalization of the uses, by persons 18 years and over generally, and by persons of the approved professions, specifically, of marijuana and its various biological relatives, and the legalization of the specified and specific amounts of such that are consistent with the social, personal, recreational, religious, commercial, medicinal, and research purposes for which such plants, their main derivatives, and their uses will be put to, respectively;

    9) The making sure that there is almost total freedom of interaction between the nominal receipts of individuals, businesses and other relevant entities, and the nominal receipts that are to be made by the entities that would be charged with running the business and corporate affairs of the Seaport, Airport and at all other points of entry in this country, where there is the transacting of commercial goods and services entering/exiting Barbados;

    10) The making sure that locally based exporters of goods and services receive their transfers (nominal receipts) through the National Currency Board (NCB). These local exporters will get from the NCB, the equivalent amounts of local money/financial credits that local business people – in the like cases – will get from local people, businesses and entities, when getting/having got ownership of the identical/similar goods or uses of the identical/similar services to those goods and services that have been exported. In such cases the NCB will be deemed to be acting on the behalf of the overseas parties who will eventually own those goods and/or use those services, and who under the said contracts will either give foreign currency or foreign financial credits to the NCB which – in turn – will thereafter give to the locally based exporters the amounts in local transfers that are wholly due to them;

    11) The introduction of a regime of the assembling of aircraft, motor vehicles, missiles, satellites, the building of ships, etc for Barbados;

    12) The introduction of Partnership Enterprises to take places of companies, ministries, statutory corporations, etc, and wherefore in every instance – before the coming about of such Enterprises – there would have had to be seen – in any business or governmental organizations in operation in this country – two or more persons involved in them. The incoming Partners will be the part owners of these enterprises – hence, the substantial elimination of the work system/culture in Barbados;

    13) The establishment of a Hire Purchase Relief Fund for persons (not businesses) who – under their respective hire-“purchase” contracts – will be proven to have had genuine difficulties in giving over monies to the relevant hire-“purchase” enterprises;

    14) The establishment of a Water Expense Relief Fund to help those persons who – at whatever times after its implementation – have proven genuine difficilties in repairing the receipts debts owed to the BWA type entity, as a result of the receipts challenges helped brought on by imbalances in their commercial industrial and other related affairs;

    15) The ensuring that NO foreigners whatsoever are able to own land spaces rights in this country – only that they may be permitted to lease such rights;

    16) The institution of a serious Regime of Rent Control over all residential, commercial and social accommodation in this country;

    17) The building of a modern efficient railway system for Barbados, to run back and forth on what is now the existing ABC/Ronald Mapp Highways;

    18) The introduction of specialized secondary school education, via the institution of Academies – the Abolition of the Common Entrance Exam – the introduction of an appropriate National Continuous Assessment Program – and the introduction of Full Zoning for Barbados, with some reasonable exceptions thereto;

    19) The building of a modern acute care 200 bed hospital for the north of the country;

    20) The implementation of a Proportional Representational Electoral System for all national elections of Barbados (elections of the Cabinet/Judges of the Supreme Court), to take the place of the very inadequate and deficient first past the post electoral system;

    21) The election of Judges to their Supreme Court positions in this country;

    22) The institution of Constituency Assemblies for Barbados – one per constituency – and whereby – within them – elected constituents – as members thereof – will have all opportunities to initiate, debate, and pass the laws of this country;

    23) The removal of the Queen as head of the governmental system of Barbados – and the creation of an Executive Coalitional Republican System for this country, which (as earlier represented in (20 above) will itself be nationally elected.

    Also, I invite almost ALL of my Facebook contacts and the vast majority of Barbadian voters to VOTE for ALL the candidates of ALL newer parties and political organizations in the next general elections in Barbados, whether it is Citizens’ Action Partnership (CAP), Coalition of Unified Parties (CUP), Progressive Conservatives (PC), United Progressive Party (UPP), Solutions Barbados (SB), Barbados Integrity Movement (BIM).

    Reply
    • Wayne August 13, 2017 at 11:02 am

      I would say dream on, but Mark your proposal is a nightmare.

      Reply
  25. Pullhead Davis
    Pullhead Davis August 12, 2017 at 7:56 am

    We going hold the bull by the horn election night you will be voted out of government and you loose your seat

    Reply
    • Pullhead Davis
      Pullhead Davis August 12, 2017 at 8:29 am

      This government have shown bajans they have not a clue with reality on anything they need relieving of they jobs

      Reply
  26. Pullhead Davis
    Pullhead Davis August 12, 2017 at 8:00 am

    Anyone that thought goverment was going change anything in really know how hard head pm and chris is any pulling back would in their view a victory to opposition parties the union and private sector organisations which would in they oppion a recipe for certain defeat at next elections

    Reply
  27. Kim Smith
    Kim Smith August 12, 2017 at 8:13 am

    Mr PM can you tell me how much it cause to hold this meeting? And did the MP that attended pay for they lunch or that to came out the ppl money. Look call the election and let the people have they say cause you had yours yesterday . #Steven gone

    Reply
  28. Michael Crichlow
    Michael Crichlow August 12, 2017 at 8:14 am

    Stephen D Stewart Claire Battershield who woke up this Joker? Have he not noticed that the back end of the Bull is not the Horns

    Reply
  29. Mic Taylor
    Mic Taylor August 12, 2017 at 8:21 am

    Just tell us where all these taxes are going

    Reply
  30. Che Anika Percell
    Che Anika Percell August 12, 2017 at 8:23 am

    Men and women who should know better. Men and women who are always complaining about the younger generation. Men and women who always give advice on Facebook only because in real life their life is perfect. Men and women who on face book would insult men and women like themselves in the name of politics. Go ahead try not to see any horror at nights. Call them ugly. Pretty soon elections will be called and there will be only beautiful people in government. Barbados economy will swing up to the highest.
    Go ahead nobody is watching you

    Reply
  31. Deborah Clarke
    Deborah Clarke August 12, 2017 at 8:32 am

    You Jerome need to stop

    Reply
  32. Ali Baba
    Ali Baba August 12, 2017 at 8:45 am

    GIVE THE NSRL LITTLE TIME TO WORK HUMMMM, THE 2.5% VAT WAS FOR 18 MONTHS FROM 2010-’11 THIS IS ’17 NOW HEHEHEHEHE…..EXPERTS IN GOVERNMENT? U MEAN EXPERTS IN STEELING THE TAXPAYERS MONIES…..BWU/NUPW, BUT, AND COMPANY UP, UP, UP DE TING…..IT HIGH TIME TO GET RID OF THESE DISGRACEFUL, DISTASTEFUL, UNCONSCIONABLE, LOWLIFE, SCRUFF OF THE EARTH, SEWER RATS FROM……………………..

    Reply
  33. Reginald King
    Reginald King August 12, 2017 at 9:14 am

    Sigh he “nose” it’s all na.

    Reply
  34. jrsmith August 12, 2017 at 9:52 am

    The honest truth , bajans should stick to the 2 parties , the (BLP) this time around , kicking out that monstrous lot the Dems…….
    …………………………..23 things we should never do , these other party people frightens me , I can see Greece approaching , these people cant even run the local cricket club …………………..

    Reply
  35. jrsmith August 12, 2017 at 9:55 am

    New parties lets see the colour of your money, millions , millions.

    Reply
  36. Philippa Joseph
    Philippa Joseph August 12, 2017 at 10:18 am

    Winnie Meade, Pullhead Davis, or somebody please enlighten me when is election due how much longer do this Goverment have in power. Mind you i said goverment not DLP because they are the worst

    Reply
  37. Hellkat Sweetz
    Hellkat Sweetz August 12, 2017 at 10:22 am

    EJ please behave you see what you want to

    Reply
  38. hcalndre August 12, 2017 at 1:30 pm

    This BLP government has Barbados blighted and I wonder what will it take to get it back to the green days.

    Reply
  39. David August 12, 2017 at 1:54 pm

    Black Barbadians ridiculing our Black elected Prime Minister on his African features that all of us Black Barbadians possessed. We just celebrated Emancipation Day. Total JA’s

    Reply
  40. Lica August 12, 2017 at 5:37 pm

    I honestly think that the PM should at least had 2 or 4 member
    From the opposition side in the meeting. How Stuart think that
    Bajan will put DLP Administration in Government again, in the next
    Five month’s the suffered again for the next 5 yrs, I for sure wiln’t
    Be voting for Dems! Agreed with Sister Smith where the money
    Went from last year’s in ur all pockets, Mr. Sinckler had a nasty attitudes yesterday, nobody can’t tell him nothing! He need more,
    MONEYS caused Xmas is the next 136 days n he need the have 4
    Trucks with baskets of Hampered n Electrions device’s that y he
    Taxing our poor n vulnerable ppl, that can’t afford it!

    Reply
  41. Troy August 13, 2017 at 9:00 am

    Stuart is really out of touch with reality. Mr PM explain to the general worker that has 3 children and taking home $200 per week how this NSRL will benefit her. How you gave yourself a salary increase and now she has to suck salt. Don’t worry Mr. PM her vote and many like hers will decide your political future come 2018.

    Reply
  42. Lorenzo August 13, 2017 at 3:58 pm

    Coralita you have suddenly awoken like the Pm you always defending?i know it pains you to hear your beloved DLP criticized.Just as the March had you all rattled,seems like your pal Antionette Sealy and the joker Joan Worrell has disappeared.Tell me what is the plan going forward to deal with gun crime in this country as nothing I heard from the PM or The AG has given me any comfort,this lack of leadership is what is creating problems.Coralita take a chill pill this is a democracy.

    Reply

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