Wrong way

Aug 05, 2013

BRIDGETOWN, Barbados, Nation News - BARBADIANS TOOK THEIR eyes off productivity in the last decade and this has led to the current economic woes, says CARICOM ambassador Robert “Bobby” Morris. Stating that Government started “pelting money at problems” once it got past the difficulties of the 1990s, Morris said such a system could never have been sustainable once salaries and wages exceeded the level of productivity in a country. The veteran trade unionist and historian, who managed the winning campaign of the Democratic Labour Party (DLP) in the last general election, said: “All the VAT (value added tax) that we got, we didn’t manage it properly. We had a lot of money coming at us . . . and when that VAT money was no longer there to the extent it should have been, we still had to satisfy workers all the time by giving them increases, but it was not tied to productivity.”

You may also be interested in:

La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of CARICOM Meet in The.
caricom_admin
La Secretaría de CARICOM y la Agencia Caribeña para Soluciones de Justicia (CAJS) forjan una alianza para acelerar la transformación digital.
The CARICOM Secretariat (CCS) and the Caribbean Agency for Justice Solutions (CAJS) have come together in a significant partnership aimed at advancing digital transformation and enhancing service..
caricom_admin