Mia’s vow

BLP leader promises to do ‘whatever is legal and moral’ to fix economy

A Barbados Labour Party (BLP) Government would do anything that is “legal and moral” to drag the struggling economy from the brink, BLP leader Mia Mottley has vowed.

Mottley did not say if this included an arrangement with the International Monetary Fund (IMF), although the BLP has said in the past it would consider a homegrown programme based on an IMF model.

In fact, the international lending institution was not mentioned at all while she fielded questions today at the monthly business luncheon of the Barbados Chamber of Commerce and Industry (BCCI) at Hilton Barbados Resort this afternoon.

However, in response to a question about engaging multilateral organizations, the Opposition Leader made it clear the BLP would do whatever was necessary to get the job done.

“We will do whatever is legal and moral to fix this country,” Mottley said.

“You are asking me to specifically say whether it would be a multilateral cooperation to absorb all of our foreign debt in one place. I don’t think that’s how it’s going to work. But there will be engagements at an international level because Barbados cannot get out of this hole on its own.”

The IMF, which completed its two-week Article IV Consultation here yesterday, has issued its preliminary report in which it said the chances that the Freundel Stuart administration will achieve its deficit target this year following Minister of Finance Chris Sinckler’s presentation of a $542 million austerity package back in May, were slim to none.

The Washington-based funding agency suggested that Government should aim instead for a 7.5 per cent gross domestic product (GDP) surplus by financial year 2020/2021 instead of the administration’s stated goal of a 4.4 per cent surplus in financial year 2018/2019, and said the fiscal measures announced by Sinckler, which included a whopping increase in the National Social Responsibility Levy (NSRL) from two to ten per cent, an introduction of a new sales tax on foreign currency transactions and a hike in the excise duty on fuel, would likely fall short of its overall target due to exemptions to the NSRL, lower-than-expected non-oil imports, shortfalls in some other revenues, and high transfers.

Equally disconcerting for the administration, the Fund also warned that the country’s international reserves, which stood well below the recommended 12 weeks benchmark at just 8.6 weeks of import cover, or $549.7 million at the end of September, were likely to dip even further by yearend as Government continues to service its debt, and private foreign inflows remain weak.

In this context, it reiterated its willingness to help Government, “including through continued policy dialogue and technical assistance”.

Mottley today compared the economy to a burning building, which continued to blaze while people conversing without calling firefighters.

“We have been reduced by waiting with problems enduring so long . . . the house is on fire . . . half of the house is on fire . . . nobody has called for a fireman. But we have these conversations on the outside of the house that is on fire without realizing that the conversations themselves cause more fire to move at a quicker pace,” she said, while repeating that Barbados must be brought back from the economic brink at all costs.

In her wide-ranging presentation, the BLP leader promised to amend the National Insurance Fund investment guidelines, contending that there currently was too much concentration on Government.

She also made it clear that a BLP administration would scrap any “inopportune or improper” decision made in the “dying days” of the Freundel Stuart administration.

Some of these decisions, she said, revolve around appointments of a new Governor General, Central Bank Governor and Director of Public Prosecutions, as well as the services commission.    

“These are all posts that are either in the Constitution or serious posts that will affect the quality of life and the quality of decision-making in Barbados. Now if people only allow the Opposition to be the only voice on these matters, then the Government will fill them with impunity and you will be stuck with whomsoever they choose,” the BLP leader stressed.

“And remember, if they then reappoint with impunity in the dying days of a Government we are then stuck as a country with the consequences thereto . . . and if we are not, there is a price to be paid.

“I can only say to you  . . . we cannot seriously consider ourselves bound by any inopportune or improper decision made in the dying days of this administration that will extend its protection to people who ought not to be protected. I say no more,” Mottley warned.

The Opposition Leader, who was accompanied by her parliamentary colleagues, also promised that a BLP administration would make the Central Bank, the Auditor General and the Statistical Department independent where they would no longer have to go through a minister for their financial votes.

30 Responses to Mia’s vow

  1. Leroy November 23, 2017 at 1:44 am

    Those sòon to be appointed public servants will hv iron clad contracts and will hv to be paid out for the term of employment.
    So its so funny when the ex central bank gov was sacked and paid out recently, i predicted that on soon to be blp gov (if they win)….we the tax payers will actually be paying for 3 central bank govenors after this current one is sacked by Mia.

    Cant help but love this island.

    Reply
  2. Saga Boy November 23, 2017 at 4:44 am

    She is obviously suggesting that she is not in favor of appointing the current acting Gov of the Central Bank. Mr.Haynes your days are numbered. This is true to her character. She likes to threatened and push people around.

    Reply
    • Leroy November 23, 2017 at 8:44 am

      Wasnt Dr. DeLisle Worrell threatened and pushed?

      You read that from what she said? I read she stating exactly what she will do if elected, make the central bank and statistical department free of politics, and it cant be with a dlp appointee heading it

      Unlike the dlp,, remember,,(“no job cuts” then after elections without warning wham NCC workers gone.

      I prefer a leader who speaks their mind and does as they say.

      Not a dummy to serious issues but the fastest to reply to political distractions.

      Please tell me what is the difference between her firing current Gov and Sinckler firing previous Gov?

      Wunna does hear what wunna wanna hear

      Reply
    • straight talk November 23, 2017 at 5:56 pm

      This is a nasty and a dangerous comment by saga boy but that is the only way he know to do it.

      Reply
  3. luther thorne November 23, 2017 at 4:49 am

    Who is the current Central Bank Governor ?
    As far as I know he is acting. The position is vacant.
    The one now acting , will he be appointed ?

    Barbados needs a fresh start with the BLP as Government and probably the UPP/DLP/SOl/CAP as opposition with one or two seats each. The third parties need experience. We cannot risk them. As much as they criticise the BLP and DLP , they are too green and would be overwhelmed. If and when Owen Arthur joins the UPP, this party would then become more viable. NDP failed as a third party to get two seats in their quest. Third parties have to have a Barrow , Arthur , Tom (BAT) in their midst to really wrest power. After the DLP led by Barrow, no third party has shown any serious challenge .

    Honourable Donville Inniss could be leader of the Opposition because he dont seem to be moving fast enoughto seize power from Stuart. Donville needs to move now to take over. If Stuart continues as Prime Minister and BLP wins ,Donville will be left wanting the Prime Minister of Barbados job.Time is running out for Donville. If DLP happens to win , theyshould change Stuart because the need for someone to lead the DLP into the future will become necessary.

    The BLP has always rescued Barbados after DLP destruction. It happened in 1976 , 1994 and must happen in 2018. Dont mind any naive , inexperienced uninformed CBC moderator talking nonsense about the BLP but not asking questions about the DLP. Mia Mottley is capable LEC or not. Barrow had one ? Steupse !!!

    Reply
    • Leroy November 23, 2017 at 8:54 am

      Luther Thorne, you should change your name to Luther Inniss, you are fighting a losing battle,,by the time DLP wins back elections in Barbados, Donville will be a senior citizen.

      Can you kindly point me the successes of Donville in Intl Business or the very least, tell me what he has tried, been engaged in or legislated, hinted at to help recover this sector?

      Since you like him so much you should know his 10 step plan for assisting the banking sector and the de-risking thats coming , how about laws to protect and show bds is not a tax haven and get us off those black lists?

      Speak to me Luther, i beg you

      Reply
    • Randolph November 23, 2017 at 11:45 am

      She has a political job,what do you expect?

      Reply
  4. Tony Webster November 23, 2017 at 5:23 am

    @Luther Thorne: “naive, inexperienced, uninformed CBC moderator”. I know her, proclaimed, as a “resident political animal…sorry…analyst”…but I ent too sure how long that “residency” will endure…cud be another Acting position?

    And why you being so complimentary to the lady?

    Reply
  5. Alex Alleyne November 23, 2017 at 6:43 am

    Barbados too deep in the hole, will take a “Super Harry Houdini” to escape the claws of the IMF. Mere words of a “clever Politician” just won’t do it without more PAIN.
    All party lovers will be singing the same SAD tune for Years to come. Vote candidate and keep your sanity”.

    Reply
  6. David Hall November 23, 2017 at 6:54 am

    Lets face it. Barbados has to take tough decisions to fix its economy and this can only be done with strong leadership. I fully support the plan of Mia Mottley to help us out.

    Reply
  7. hcalndre November 23, 2017 at 7:00 am

    @ Tony Webster; A few mornings ago she was asking for help from the attacks she`s getting for being a loyal mouth piece for the Dems and not one of Dem would come to her rescue, she`s even asking Miss. Mottley for help too and within the next 1/2 hour when the topic shift to Miss. Mottley, she swore she would never vote for her, education is not common sense. Its her democratic right to give her vote to whom ever but you`re asking Mia to say something for you, you could have been a little more deceitful by not saying at that time, Mia could not get her vote.

    Reply
  8. Alex Alleyne November 23, 2017 at 8:39 am

    Maybe if we put a halt to the movement of funds from BDS to T&T. All efforts must be made get the MORTGAGE section of (Barbados National Bank) now Republic Bank back in the hands of BAJANS……….FULL SPEED AHEAD.
    Barbados need it’s OWN bank……THE BAJAN SAVINGS AND LOAN.
    HOUSED IN THAT BUILDING ACROSS FROM THE MAIN BUS TREMINAL close to the fire Station.

    Reply
  9. Greengiant November 23, 2017 at 8:52 am

    Mia need to promise to produce her legal qualifications for public scrutiny. Then and only then should she make any further promises.

    None of you don’t bother tell me anything about me supporting no D L P either, because I want to see the back of both of them.

    @luther thorne; as for you, there can be no fresh start under the B L P. Did Adams or Barrow have experience when they were first elected? Look what the experienced parties did for us over fifty years, look at the challenges we still face. None of them have gotten it right to this point. So what’s your point other than your blind support for the B L P?

    Reply
  10. 3rdsun November 23, 2017 at 9:42 am

    I could see casinos on the horizon and other foreign investments that were taboo.

    Reply
  11. archy perch November 23, 2017 at 9:55 am

    I thought the Auditor General, the Statistical Dept, and the Central Bank already enjoyed independence. It is the BLP that constantantly bashes these institutions and their credibility. The BLP will soon be bashing the credibility of the Church when it pushes for same-sex marriage next year when in government.
    Yes, the same church that is so far silent as these immoral viruses catch further root. Peter Wickham pushes same sex marriage an homosexuality on his talk show and also the anti Christ thing, and CBC TV8 pushes the Outloud programme featuring a transvestite and all other features of that culture. Our society is steadily going to hell.

    Reply
  12. patrick November 23, 2017 at 11:49 am

    Leroy, you are a bitter man, just bear in mind that you have one vote and elections are won by constituencies and not by you and George Belle singing for your supper

    Reply
  13. Saga Boy November 23, 2017 at 12:09 pm

    Leroy you speak of derisking as though it is a political issue created by the DLP. The entire Caribbean has to solve this problem. What does Mia plan to do about it? You seem to have intimate knowledge of what Mia plans to do especially laying off public servants. I challenge her to make that a public servant. Let’s see if she has more balls than all the men in the DLP.

    Reply
  14. Lorenzo November 23, 2017 at 6:02 pm

    GreenGiant give it a rest we all know you are a Dem at heart.What does Ms Mottley qualificatins have to do with running Barbados successfully?you sound like Ms Holder and the Trini Dem who I heard on Brasstacks today that she is not a member of any party .I almost fell out of my chair ,a lady who used to call Brasstacks and Tell it like it is every morning and night criticizing Mr Arthur ,Ms Mottley and others and she is not a Dem give me a break,womanyou are a hyprocrite and after attacking Brasstacks and the Moderators should be banned from those Air waves and stick to CBC.All you Dems are the same including you Greengiant,Saga Boy ,Mark my Word,Kevin,Archy Perch,and Patrick.

    Reply
    • Carson C Cadogan November 23, 2017 at 7:09 pm

      When is she going to produce her qualifications as she was challenged by Maureen to do?

      Reply
      • Jennifer November 23, 2017 at 7:59 pm

        CCC – Let us be real HONEST, this certificate is mere distraction for the simple. You know very well that absolutely nothing will be or can be or is intended to be done about the woman. Just distraction. And I bet my last dollar things will heat up on this nonsense closer to the elections. Intended to go no where of course. If it is one thing in BIM these fraternities stick together – no ratting and no locking up. Come clean carse.

        Reply
  15. Donild Trimp November 23, 2017 at 6:24 pm

    @David Hall:
    Mia made a blunder by promising to get rid of the NSRL.

    If that is done, her only alternative would be engaging the IMF.

    If she goes to the IMF, it is going to be a rocky recovery period for Barbadians full with lots of pain and suffering.

    There is no denying reality.

    Reply
  16. Carson C Cadogan November 23, 2017 at 7:07 pm

    This is so funny!!!

    “””Member of Parliament for St. Andrew George Payne was forced to call in police today after residents in White Hill hurled abuse at him during a march organized by his Barbados Labour Party.
    The demonstration was to have highlighted the issues of residents on the third anniversary of the road slippage in the rural area.
    However less than a dozen residents who reside in the area attended, and among those was a handful of protesters who lambasted the veteran MP accusing him of all manner of perceived ills, including his inability to address their needs as Minister of Housing and Transport and Works.
    Law enforcement was summoned by the MP after some of the residents began to use abusive language towards the Member.”
    Brother Bob said it: “You can fool some of the people some of the time but you can’t fool all the people all the time.”””

    PAIN called the Police for his own constituents.

    HOW COME BARBADOS TODAY NOT CARRING THIS STORY??????

    Oh yes, it would show up the Barbados Labour Party in a bad light, cant let that happen.

    Reply
  17. Tee White November 23, 2017 at 7:32 pm

    When Mia says we need to call a fireman, who she have in mind? I hope it’s not the IMF coz dem is arsonists.

    Reply
  18. Jennifer November 23, 2017 at 8:04 pm

    lol – and make a guess who is the educated vulnerable lot in that burning house??????

    Reply
  19. Mark Adamson November 23, 2017 at 10:08 pm

    Mottley is the WORST BLP leader EVER.

    She is the WORST thing that has ever happened to the BLP in years.

    Mottley has ABSOLUTELY no vision, no blueprint, not one cosmology that can be used by any local movements and organizations for the further growth and development of Barbados.

    Once again this WEAKEST POOREST WORST BLP leader could not have outlined a vision for the understanding of the gathering at the Barbados Chamber of Commerce and Industry luncheon of where she wishes to see the country the next 20 to 25 years.

    Rather, what the gathering saw was a person who has been ill-
    equipped with political and intellectual tools to deal with leading this country out of this depression that she previously helped to put this country in.

    Reply
  20. luther thorne November 23, 2017 at 11:17 pm

    Leroy
    Boy Donville is capable of being PRIME MINISTER !
    If something happen now who would become Prime Minister ?
    Donville Inniss needs to go to the Governor General and indicate that he has the support of the majority in Parliament.

    Reply
  21. luther thorne November 23, 2017 at 11:27 pm

    Take a break Mr. Adamson
    Apology from you is in order to Mia

    @ Green
    Adams , Adams and Barrow
    all had experience

    Arthur had experience
    Solutions Party – NONE
    Upp – some and with Owen in it more
    The rest ? None ! except for Wendell
    The rest just got hot air

    Reply
  22. Greengiant November 26, 2017 at 6:57 am

    @Lorenzo: If you continue to call me a ‘D’ it simply means you have a problem with the political alphabet. You obviously don’t read anything that criticises the DLP. As you have never commented on when I’ve been critical of the government. You seem to be that special variety of Rat bread in Roebuck Street. The type that has grown on the waste generated between WIBISCO and Old Coca Cola factory. I rest my case, you work it out.

    Reply
    • andy g November 27, 2017 at 8:50 pm

      don’t expose your hand to him.everyone else knows who you support.you even made it plain in one of your comments

      Reply
  23. andy g November 27, 2017 at 9:02 pm

    seems as there are no blpites on this one.BT must stop doing stories like this.no substance, no blp plan. all she said is ,the BLP will do what ever is legal. can any one explain that

    Reply

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