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PM comments on Barbados’ downgrade

BRIDGETOWN, Barbados – No country rejoices at being downgraded, says Prime Minister Freundel Stuart on last month’s International rating agency Moody’s downgrade of Barbados.
“However, the downgrade has not altered any of the facilities to which Barbadians are entitled and to which they have access. Life continues,” he stressed.
“We have a comfortable foreign exchange position at the moment; we are meeting our commitments; education and health. We are still keeping our public servants employed and we are doing all the things that are necessary to maintain stability and progress in Barbados.”

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