BRIDGETOWN, Barbados - The Estimates debate has taken pride of place during this week as the Lower House has debated the economy against the backdrop of the Minister of Finance’s presentation to the House. Perhaps the most important development has been the announcement by the Finance Minister that a stimulus of $600 million will be adopted as part of the Government’s plan to get the economy jump started.
Given the slow growth of the economy; a stimulus package seems desirable, though there will be contrary opinions as to the efficacy of the kind of stimulus proposed by the Government as opposed to the stimulus aimed more directly at putting money into the pockets of consumers, which more accords with the Opposition’s proposals.