News

Feb 12, 2013

BRIDGETOWN, Barbados, CMC – Opposition Leader Owen Arthur is warning of a “fiscal cliff” in Barbados and accuses the Freundel Stuart government of putting the country in that crisis. Addressing a political meeting of his Barbados Labour Party (BLP) on Sunday night, Arthur, who is seeking to regain the government he lost in 2008, said that the decision of the government to call the general election so late could have an effect on the economy particularly as it relates to the government’s Estimates of Revenue and Expenditure. Arthur, an economist and former finance minister, said that the Constitution dictates that the Estimates have to be laid and debated in parliament by March 31.

Related News

Caricom
In keeping with the decision taken by Heads of Government at their 25th Regular Meeting in Grenada 4...

In keeping with the decision taken by Heads of Government at their 25th Regular Meeting in Grenada 4-7 July, the 18th meeting of the Bureau of the Conference of Heads of Government of the…

admin
Caricom
NATURAL DISASTER IMPACT MITIGATION: STRENGTHENING NATURAL DISASTER WARNING SYSTEMS ACROSS VULNERABLE...

The tremendous loss of life and destruction caused by the earthquake and tsunami in the Indian Ocean region on 26 December 2004 have shocked the world at large and shattered the lives of many…

admin
Caricom
NATURAL DISASTER IMPACT MITIGATION: STRENGTHENING NATURAL DISASTER WARNING SYSTEMS ACROSS VULNERABLE...

The tremendous loss of life and destruction caused by the earthquake and tsunami in the Indian Ocean region on 26 December 2004 have shocked the world at large and shattered the lives of many…

admin