With Government just weeks from officially getting funding for its Barbados Economic Recovery and Transformation (BERT) 2022 plan, the business community is questioning the delay in setting up promised support and monitoring committees.Additionally, President of the Barbados Chamber of Commerce and Industry (BCCI) Anthony Branker is calling for “an early seat at the table” when it comes to negotiations on economic issues with the administration.In response to the concern and call, Prime Minister Mia Mottley has promised continued engagement with the private sector and assured the committees will soon be established.Both were speaking on Tuesday at the BCCI’s annual business luncheon and discussion forum, which was held at the Lloyd Erskine Sandiford Centre under the theme Strengthening Barbados’ Economy Through Collective Partnerships.Branker said while the business community was “thankful” that the country’s debt was being lowered and economic growth was returning, BERT
Independent Senator Dr Kristina Hinds does not support the construction of offshore islands, cautioning they may be neither sustainable nor safe for the marine environment. She was speaking in The Senate on Wednesday where there was debate on the Barbados Economic Recovery and Transformation Plan 2022/2023. “There is so much in this document that talks about climate change, it talks about biological diversity and the blue economy. We know that …
Global rating agency Fitch has upgraded Barbados to a ‘B’ - stable outlook.
The New York-based agency made the announcement on Thursday, October 20 via a released statement.
According to Fitch, some of the key drivers to the rat