President of the Democratic Labour Party (DLP) Dr Ronnie Yearwood has described Government’s promised repayment on the principal of $74.8 million to 5 407 Series B bondholders as an attempt by the Mia Amor Mottley administration to switch debt.
Mottley announced in Tuesday’s Budgetary Proposals that the partial payment would be made to those on the register as of March 31.
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President of the Democratic Labour Party (DLP) Dr Ronnie Yearwood has labelled the Mia Mottley-led administration as “incompetent”, having failed at growing the economy, improving the island’s tourism product and tackling crime.In his first press conference for 2023, Dr Yearwood said the Government had been especially dismal in its handling of the economy which had seen only “negligible” growth.He accused the Barbados Labour Party administration of going on a “borrowing spree” since coming into office in 2018, with little to show for it.Dr Yearwood also highlighted an absence of any growth policies as evidence of Government’s failure.“The Barbados economy has struggled for growth under the Mia Mottley and the BLP administration. This is obviously due to the ravages of COVID-19, it would be remiss of me not to acknowledge that, but really, it has also been due really to the austerity measures imposed by the administration.
President of the Democratic Labour Party (DLP) Dr Ronnie Yearwood is calling on the Government to give public servants a pay increase in the New Year, as he accused the Mia Mottley-led administration of failing to address the needs of the working class.He said with Barbadians struggling to cope with the rising cost of living that seems to be spiralling out of control, a five to seven per cent pay rise would be fitting and would not break the bank.“Everything has gone up. People need more money in their hands. The reality is, folks are struggling to make ends meet and they need extra cash to survive. I think we have just come off the back of Independence and I believe we are entering the Christmas season and I think it is time that we can seriously call for an increase in wages,” he told Barbados TODAY during a DLP event in St Lucy on Friday.“Now this is something that I believe the Government has to do given the cost of living crisis, given the rise in inflation and given the fac
President of the Democratic Labour Party (DLP) Dr Ronnie Yearwood has described the recent Cabinet reshuffle by Prime Minister Mia Mottley as “a swapping of incompetent ministers”.He said what was especially telling was that Minister of Education, Technological and Vocational Training, Kay McConney remained unscathed despite numerous calls for her to be sacked following the Inter-American Development Bank (IDB) survey fiasco.Speaking at the Barbados Labour Party’s 85th Annual Conference on Saturday, Prime Minister Mia Mottley announced changes to her Cabinet, effective Wednesday.She named Senior Minister of Social Sectors and Environment Dr The Honourable Jerome Walcott as Minister of Health and Wellness to replace Ian Gooding-Edghill who will head the Ministry of Tourism and International Transport.
President of the Democratic Labour Party (DLP) Dr Ronnie Yearwood has questioned whether Government really needed to spend $10.4 million on new national identification cards for the population.And the Alliance Party for Progress (APP) has raised concerns about the timing of the big expense, given the economic challenges facing the country and its residents.During a press conference on Wednesday, Minister of Industry, Innovation, Science and Technology (MIST) Davidson Ishmael revealed that $10 434 601.99 had been spent to introduce the Trident cards that will replace the existing plastic IDs that authorities say are outdated and susceptible to fraud. He said the money had been spread over the last two financial years.However, Dr Yearwood told Barbados TODAY he believed a basic ID card, which would have been a far less costly undertaking, was all that was required.He questioned why the Mia Mottley administration had chosen a card that stores Barbadians’ personal information rather than