Barbados
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August 29, 2013819
Keep on sailing
BRIDGETOWN, Barbados, Advocate – Cultural industries, cultural preservation and heritage tourism are terms that have gained currency in recent years as efforts continue to diversify the limited scope of the Barbadian economy. The country scored a major feather in its cap with the UNESCO World Heritage inscription of Historic Bridgetown and its Garrison, and since then much has been said…
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August 29, 2013831
Project launched to promote region as spa and wellness destination
BRIDGETOWN, Barbados, Advocate – In an effort to promote the Caribbean as a destination for health and wellness, the Development and Promotion of the Caribbean Health and Wellness Tourism Sector Project has been launched. This is according to Valarie Pilgrim, Operations Officer at the Caribbean Development Bank (CDB) who delivered remarks at the Caribbean Spa and Wellness Launch yesterday at…
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August 29, 2013815
Barbados requests FB information on three citizens
BRIDGETOWN, Barbados (CMC) — Barbados has made a request of the social networking website, Facebook, for information on the use the social media site by three of its citizens. Barbados is the only Caribbean Community country to have made such a request, so far. Facebook has, for the first time, published data on how often governments around the world request…
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August 14, 2013869
A call to swift action
BRIDGETOWN, Barbados, Nation News – GOVERNMENT SEEMS TO have woken up to the realization of the need to act and to do so with some measure of urgency in an effort to stop the economic morass which has stymied or eliminated growth in recent years. This call to action was evident, given some of the measures outlined last evening by…
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August 14, 2013835
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 concept as to where we are going or what we will achieve. Bajans will feel pain but, unlike the past, you will not know…
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August 14, 2013812
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 around the struggling economy. Burdened by nearly six years of little to no growth in…
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August 14, 2013927
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 called on to pay tuition fees at the UWI. Delivering his Budgetary proposals against the background of…
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August 14, 2013784
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 coming from the Minister as he presented his Budget and Financial Measures in the House…
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August 14, 2013781
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 Medium-Term Fiscal Strategy. In outlining its recommendations in the House of Assembly yesterday, where he…
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August 14, 2013808
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 ballooning deficit and a declining economy, the Minister used his fourth Budget to announce a…
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