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If the first social compact between the government and the distribution and manufacturing sectors did not result in savings in the pockets of some consumers, it was because they were not the target audience.Chairman of the Barbados Private Sector Association Trisha Tannis made this clear as she insisted that the compact was developed to assist the more vulnerable in society.“The compact is an attempt to give some relief on what we have worked together to determine is the core basket of goods that is consumed by those in the more vulnerable economic class. It attempts to do so by limiting and severely reducing the mark-up on those 47 items.“It does not include your favorite brand of ice cream; it does not include your favorite brand of caviar; it does not include any of those items,” she stated.“I want to say thank you to all the Barbadians who understood what this compact did for them. If it did nothing for some, then they were not the audience of this initiative. But for those
BarbadosBarbadiansIlaro-court-onPoultry-producer-associationCentral-bankBarbados-statistical-serviceBarbados-private-sector-association-trisha-tannisBarbados-eggPoultry-producerIlaro-courtOfficials of the Barbados Hotel and Tourism Association (BHTA) are worried that the crime situation and the continued lack of ease in doing business are among the problems that could easily hamper the chances of a full resuscitation of the tourism industry.Chairman of the BHTA Renée Coppin has therefore called on authorities to take urgent steps “to get on top of the challenges that are within our control”, as she highlighted that the industry was also facing threats from the impact of extra-regional issues such as geopolitical instability, the war in Ukraine, fluctuating currencies and rising inflation.Speaking at a BHTA press conference at the Courtyard by Marriott on Thursday, she said while the level of crime against tourists continued to be minuscule, the growing “intrusion” of criminal elements into communities across the island was a concern for industry operators.
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