Barbados
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April 11, 20131,018
What’s the plan?
BRIDGETOWN, Barbados, Nation News – Government is being told to “come clean” with the people since the Central Bank’s call for an about turn in economic strategy reflects what the Opposition was saying all along. That was Leader of the Opposition Mia Mottley’s reaction to the bank’s statement that Government’s medium term fiscal strategy (MTFS) must be brought back on…
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April 11, 2013944
PM Mitchell: Holding Budget will give Grenadians hope
BRIDGETOWN, Barbados, Advocate – THE Keith Mitchell-led New National Party (NNP) will soon be presenting a Budget in Parliament for the benefit of the people of Grenada, and though it has been described as a “Holding Budget” until the final Budget comes on stream in December, Mitchell is expecting the proposals contained therein to offer some measure of hope to…
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April 11, 2013984
Not in LIAT!
BRIDGETOWN, Barbados, Nation News – Grenada’s Prime Minister Dr Keith Mitchell has made it clear that his country is not pumping any funds into LIAT until the regional airline gets “its act together” and reduces its wastage. Speaking yesterday at a Press briefing at Highgate Gardens, St Michael, Mitchell, who is embarking on his fourth term as leader of the “Spice…
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April 11, 20131,015
No need for IMF
BRIDGETOWN, Barbados, Advocate – There is no need for an International Monetary Fund (IMF) ‘rescue mission’ for Barbados. This was the assertion coming from Central Bank Governor, Dr. Delisle Worrell, following a contraction in the economic performance of the first quarter of 2013, and with virtually flat projections for the economy. Speaking at press conference at the Central Bank to…
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April 10, 2013983
Contraction
BRIDGETOWN, Barbados, CMC – The Central Bank of Barbados Tuesday said that the local economy contracted by 0.4 per cent in the first three months of 2013 and urged the authorities to put “back on track” the fiscal consolidation strategy as well as a new medium term adjustment strategy to turn around the island’s economic fortunes. In its review of…
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April 10, 20131,042
Region must keep up with technology
BRIDGETOWN, Barbados, Advocate – Minister of Industry, International Business, Commerce and Small Business Development Donville Inniss says the Caribbean has to keep up with technological changes in order to take full advantage of doing business in a global village. “I sense that the days of credit cards with magnetic strips may be going the way of the pay phone or…
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April 10, 20131,028
EU putting resources to develop innovative youth
BRIDGETOWN, Barbados, Advocate -The European Union (EU) is funding programmes and providing resources to ensure that young creative minds are given more opportunities to develop their craft. Working with the government, the hope is to further enhance the resources within the Fine Arts Division at the Barbados Community College while calling on teachers to explore multiple intelligences and varied teaching…
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April 10, 20131,014
Myrie hearing comes to a close in Trinidad
BRIDGETOWN, Barbados, Advocate – The Caribbean Court of Justice (CCJ) will give its ruling in the matter of Shanique Myrie against the Government of Barbados at a later date, which is yet to be announced. The matter came to a close yesterday at the CCJ’s Headquarters in Port-of-Spain, Trinidad, with President of the CCJ Dennis Byron adjourning the matter so…
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April 9, 20131,015
Follow-up is essential
BRIDGETOWN, Barbados – Technocrats can do a lot more to build confidence in the ability of state institutions to facilitate an enabling environment for business, to create a greener environment for generations to come and to position Barbados to take full advantage of its CARICOM membership. Recently, Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, stated…
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April 8, 20131,006
EU support for region continues
BRIDGETOWN, Barbados – THE recent announcement by European Union officials of an investment package for the Caribbean is good news all around. Not only is the proposal a welcome piece of information by recipient countries, which are witnessing a slowdown in capital inflows, but the announcement of the Caribbean Investment Facility (CIF) also conveys the position that there remains support…
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