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Public education is part of Central Bank's legacy, Haynes says nationnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationnews.com Daily Mail and Mail on Sunday newspapers.
The proposed Barbados Optional Savings Scheme (BOSS) Plus bonds investment will be a tough sell for Government given the bitter taste still left in the mouths of investors who had to take a haircut during the 2018 debt restructuring.This assessment has come from noted economist Carlos Forte, who described the move by Government to extend the BOSS bonds investment scheme to the wider population, in an effort to reportedly raise $200 million, as marketing.“BOSS Plus or extending the BOSS programme to the general public is really a marketing frame and I have no quarrels with that. The issue here is that since the restructuring of the debt, the Government has been experiencing some challenges securing local debt – bonds, debentures, treasury bills,” said Forte.He explained that while the BOSS programme seemed to have had some measure of success, “in the sense that when public servants weren’t willing to hold, private persons bought those bonds”, the overall appetite for Governm ....
Decision to be made soon on new IMF programme barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.
Central Bank Governor Cleviston Haynes is not confident that Government can afford to cut taxes. He identified Government’s stretched finances and limited ability to borrow as the major obstacles to doing so now when Barbadians are faced with a higher cost of living. This included an abandonment of the two per cent foreign exchange in place since 2017, but which the International Monetary Fund’s (IMF) staff mission for Barbados has … ....
Barbados’ new polymer notes will be difficult to duplicate with its high security features. Governor of the Central Bank Cleviston Haynes said he was pleased with the new series of polymer bank notes which retained key elements of previous currency, while at the same time going in a new direction to create money that was modern and attractive. He was speaking at the official launch and unveiling of the new … ....