News

Barbados: UPP queries PM’s report card

The six-month progress report on the new administration’s economic rescue mission has raised more questions than answers, the leader of the United Progressive Party (UPP), Lynette Eastmond, has charged.

Eastmond, a former minister of international business in the Owen Arthur administration, contends that while Prime Minister Mottley touts the success of the Barbados Economic Recovery and Transformation (BERT) programme, there is still no mention of a growth plan.

In her ministerial statement to Parliament on Tuesday, Mottley boasted that foreign reserves had reached their highest level in four years, the dollar was no longer in danger of devaluation, debt-to-GDP ratio had fallen to 123 per cent and the country had received its first credit rating upgrade in 15 years.

More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s