WITH Barbados’ goods exports languishing in the region of Bds$510 million over the last two years, there is a concerted effort by the current administration to push exports to help grow the economy.
Minister in the Ministry of Foreign Trade, Sandra Husbands, said so during her address to the closing ceremony of the WE-Xport programme, mounted by the Caribbean Export Development Agency.
Saying that exports form part of government’s growth strategy, Ms. Husbands told the function at the Hilton on Friday night, that Barbados will be looking to expand exports to Guyana, Suriname and Panama. In fact, she said that Prime Minister Mia Amor Mottley, along with partners, is working to make it possible.
Telling female entrepreneurs that Barbados’ GDP requires them, Ms. Husbands stated that every penny they make contributes to the island’s economy.
The Minister stated that because this country is currently undertaking the Barbados Economic Recovery and Transformation (BERT) programme, one of the ways the government can transform the economy is through the growth of exports, particularly among small businesses.