Private Sector Critical To BERT’s Success

Shamkoe Pilé Top Stories

The ability of Barbados to earn foreign exchange is critical to achieving the objectives of the Barbados Economic Recovery and Transformation Programme (BERT) programme, and the role of the private sector will be important in this process. Minister in the Ministry of Foreign Trade, Sandra Husbands, made this comment recently, as she delivered the feature address at the Barbados Chamber of …

Green Shoots In The Barbados Economy

Sharon Austin Top Stories

Green shoots are being seen in the economy as a result of the Barbados Economic Recovery and Transformation Programme (BERT). Minister in the Ministry of Finance, Ryan Straughn, made this observation as he addressed ICBL’s Celebration Event for its 40th anniversary, at Sandals Royal Barbados Resort, last Friday night. Mr. Straughn said Government had demanded a series of monthly reports …

Government’s Reputation ‘On The Up’ With BERT

Joy-Ann Gill Top Stories

Government is there when you need it; there to protect and to empower; powerful and effective and held in reverence and not ridicule. That’s how Special Envoy to the Prime Minister for Investment and Finance and Chairman of the Financial Services Commission (FSC), Professor Avinash Persaud, believes Government’s reputation should be seen here and abroad. He expressed this last Saturday …

Social Partnership Pleased With Gov’t’s Progress

Julia Rawlins-Bentham Top Stories

Members of the Social Partnership have expressed satisfaction with the progress Barbados has made so far under the Barbados Economic Recovery and Transformation (BERT) programme. Stakeholders from public and private sector agencies met at the Lloyd Erskine Sandiford Centre on Monday for an update on the country’s progress, as Phase 2 of the BERT programme comes to an end, and …

Government Committed To Health Sector Reform

Sharon Austin Top Stories

Government is committed to health sector reform even though the path has not been an easy road to travel. Minister of Health and Wellness, Lieutenant Colonel Jeffrey Bostic, expressed this commitment on Monday night, as he delivered remarks at the 43rd Sir Winston Scott Memorial Lecture, at the Frank Collymore Hall, Tom Adams Financial Centre, Bridgetown. Lt. Col. Bostic said …

Prime Minister Welcomes S&P’S Upgrade

Sharon Austin Top Stories

Prime Minister Mia Amor Mottley has welcomed Barbados’ recent upgrade from the international rating agency Standard & Poor’s, saying it is “great news”. Ms. Mottley said the announcement was an indication that this country’s economic situation was improving with the introduction of the Barbados Economic Recovery and Transformation Programme. However, she stressed that Barbados would not rest on its laurels …

Financial Management & Audit Act To Be Reformed

Sharon Austin Top Stories

The Financial Management and Audit Act is being reformed in an effort to strengthen existing weaknesses in Government’s financial management system. This news came today from Minister in the Ministry of Finance, Ryan Straughn, as he delivered the feature address at the Annual Conference of the Institute of Chartered Accountants of Barbados (ICAB), at the Lloyd Erskine Sandiford Centre. Mr. …

State Enterprises’ Accounts Must Be Up-To-Date

Sharon Austin Top Stories

Government is seeking to have the audit of accounts of key state enterprises brought up to date by March 31, 2019, under the Barbados Economic Recovery and Transformation Program. This disclosure came today from Minister in the Ministry of Finance, Ryan Straughn, as he delivered the feature address at the Annual Conference of the Institute of Chartered Accountants of Barbados …

Barbados Receives US $75 Million Loan

Sharon Austin Top Stories

The Government of Barbados has received a policy-based loan of US$75 million from the Caribbean Development Bank (CDB). The Board of Directors of the CDB approved the loan, which will support the implementation of the Barbados Economic Recovery and Transformation (BERT) Plan. The money will also support Government’s programme, which includes revenue administration and collection, expenditure and debt management, public …

‘Rethinking HR’ Not New To Government

Joy-Ann Gill Top Stories

Rethinking HR is not a new phenomenon, but remains a critical topic, especially at this time of our country’s juncture, says Minister of Labour and Social Partnership Relations, Colin Jordan. The Minister was addressing the official opening of the 20th Annual Conference of the Human Resource Management Association of Barbados (HRMAB) Inc. yesterday at Radisson Aquatica Resort. The event was …