Investment is critical to our growth. That was the sentiment expressed by Prime Minister Mia Amor Mottley yesterday during the presentation of the Financial Statement and Budgetary Proposals 2023 in Parliament. Mottley said that Barbados' economic growth and the subsequent easing of the financial burden on citizens hinged on investment, whether it was from the Government or the local and international private sector. She said: “It must be investment vehicles …
The Ministry of Foreign Affairs is committing $3.2 million of is $5 million budget towards creating a more robust trade agenda which has more non-traditional relationships. Speaking on day seven of the Estimates Debate in Parliament yesterday, Senior Minister Kerrie Symmonds pointed to an increase in Barbados’ international trade already as an example of the progress being made so far. He reported that between 2020 and 2021, Barbados’ exports were …
The Ministry of Health and Wellness will institute 34 sub-programmes at the cost of over $265 million, as Barbados seeks to address challenges which currently exist in the sector. Speaking during day five of the Estimates Debate in Parliament, Minister of Health and Wellness, The Most Honourable Dr Jerome Walcott, outlined several issues which needed funding as Barbados sought to transition from acute pandemic care toward being a nation that …
Barbados’ ability to grow the economy is dependent on its ability to instil high quality standards across the board. That was the assessment of Minister of State in the Ministry of Foreign Trade and Business Development, Sandra Husbands, who was speaking in Parliament on Monday. During the fourth day of the Estimates Debates 2023, Husbands said that in doing so, Barbados would be able to build out its trade and …
Prime Minister Mia Amor Mottley believes Barbados can be the hub of transshipment to the African and South American markets. Mottley was speaking in Parliament on Wednesday, the second day of the Estimates Debate to discuss the Appropriation Bill 2023. In her opinion, it is imperative that Barbados leverages its geographical location in order to grow the economy. “It is quicker to travel from Barbados to Accra, Buenos Aires, Dhaka, …