Barbados
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August 14, 2013796
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, 2013800
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, 2013827
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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August 14, 2013809
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 officials in the ministry to conduct a preliminary assessment of a list of statutory…
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August 14, 2013807
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 brought in line. Sinckler, delivering his first national budget since the Freundel Stuart administration won the last general…
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August 14, 2013822
Intervene on what grounds
BRIDGETOWN, Barbados, CMC – St. Vincent and the Grenadines Prime Minister, Dr. Ralph Gonsalves is questioning on what grounds the Caribbean Community (CARICOM) or even the Commonwealth can intervene in the political situation in St. Kitts-Nevis. Opposition legislators have accused regional governments of remaining silent on the political stalemate in the twin-island Federation occasioned by the refusal to date of…
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August 13, 2013788
Tax advice for SMEs
BRIDGETOWN, Barbados, Nation News – This bit of advice was issued to small and medium sized enterprise owners last Thursday by Dalton Medford, president of the Small Business Association (SBA), as he gave comments at the Entrepreneurship Training Programme graduation ceremony at the Savannah Beach Hotel. He advised the more than 200 entrepreneurs gathered that the payment of taxes should…
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August 13, 2013789
It’s Budget Day
BRIDGETOWN, Barbados, Advocate – Perhaps every Budget Day is considered to be ‘the most anticipated in recent history’, but we can say with some measure of confidence that this is indeed the case with today’s expected presentation of the 2013 Financial Statements and Budgetary Proposals. Ever since the most recent National Consultation at the end of June, an air of…
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August 13, 2013833
Making Barbados the TVET destination of choice
BRIDGETOWN, Barbados, Advocate – One of the goals of the Samuel Jackman Prescod Polytechnic (SJPP) is to make this island the technical and vocational education and training (TVET) destination of choice. This was revealed by Principal, Hector Belle yesterday during the Opening Ceremony of the National Training Workshop in Pattern Design and Garment Construction Techniques at the SJPP. “My vision…
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August 13, 20131,040
CARIBBEAN-EDUCATION-CXC reports increase in CAPE performance for the first time in six years
BRIDGETOWN, Barbados, CMC – The Barbados-based Caribbean Examinations Council (CXC) Monday said that overall performance at the Caribbean Advanced Proficiency Examination (CAPE) has reached the 90 per cent mark for the first time in six years. It said this year, 90.15 per cent of the Unit entries achieved Grades I – V, which are the acceptable grades at CAPE, noting…
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