Mottley blasts Sinckler’s Budget

BRIDGETOWN, Barbados, Nation News - A THROW-YOUR-HANDS-up-in-the-air Budget! That was how Opposition Leader Mia Mottley described yesterday’s Financial Statement and Budgetary Proposals delivered by Minister of Finance Chris Sinckler. “It is a cut-and-paste Budget with no clear con...
Read More

Tough cuts

BRIDGETOWN, Barbados, Nation News - BARBADIANS WILL BE FORCED TO ENDURE 19 months of pain, restraint, public sector hiring freezes and possible job cuts. These measures will be instituted while Government tries to spur the key foreign exchange-earning sectors with incentives for growth to turn aroun...
Read More

No more ‘free’ university education

BRIDGETOWN, Barbados, Guardian - THERE has been a major shift in financing the education of Barbadians attending the University of the West Indies (UWI). Finance and Economic Affairs Minister, Christopher Sinckler, made the announcement yesterday that from September next year Barbadians will be call...
Read More

New strategic plan for 2013-2020

BRIDGETOWN, Barbados, Guardian - The reality is clear and the future yet grim. Minister of Finance and Economic Affairs, Christopher Sinckler, has said that the Government’s approach to the new Growth and Development Strategy (BGDS) 2013- 2020 will be more aggressive than its predecessor, the ...
Read More

Freeze in hiring

BRIDGETOWN, Barbados, Guardian - FINANCE and Economic Affairs Minister, Christopher Sinckler, has announced a freeze in hiring within the public service. There will be a “total freeze on all new hiring in the central public service and across all statutory entities”. This was the word co...
Read More

Rescue mission

BRIDGETOWN, Barbados, Guardian - FINANCE and Economic Affairs Minister, Christopher Sinckler yesterday announced a 19-month rescue mission for the Barbados economy that he said would see a lower fiscal deficit and improved activity. In what amounted to some very tough actions to deal with a ballooni...
Read More

Move to eliminate or merge specific government entities

BRIDGETOWN, Barbados, Guardian - Eighteen government entities are in line for a merger or elimination was the implication made by the Minister of Finance and Economic Affairs, Christopher Sinckler as he outlined the 2013 budgetary proposals. The Minister of Finance pulled together a team of senior o...
Read More

Economic medication

BRIDGETOWN, Barbados, CMC – Barbados faced with a decline in revenue Tuesday announced new measures to revive an ailing economy with Finance Minister Chris Sinckler announcing new tax measures while acknowledging that the government's macro–economic programme is off track and must be...
Read More