Financial Statement & Budgetary Proposals 2017

Financial Statement & Budgetary Proposals 2017

Mr. Speaker, just over 25 years ago I had the opportunity to sit in close proximity to an unfolding set of circumstances facing Barbados and Barbadians regarding some deep challenges confronting the country’s economy. Sir, as a very young 23-year-old man, practically...
May 30 Is Budget Day

May 30 Is Budget Day

Minister of Finance and Economic Affairs, Christopher Sinckler, will deliver Government’s Financial Statement and Budgetary Proposals next Tuesday, May 30, in the House of Assembly, beginning at 4:00 p.m. Leader of the Opposition, Mia Mottley, is expected to reply the...
Sinckler: Banks’ Action Unfortunate

Sinckler: Banks’ Action Unfortunate

“Unfortunate and unwarranted” is how Finance Minister, Christopher Sinckler, has described a decision by local banks to suspend work on transactions for real estate and related activities. Their action comes amid concerns over recent amendments to the Barbados Revenue...
Dollar In No Danger Of Devaluation

Dollar In No Danger Of Devaluation

The Barbados dollar is not in any “danger of a devaluation” vis-à-vis its standing against the US dollar. This assertion came on Monday from Minister of Finance, Christopher Sinckler, as he addressed a press conference to discuss matters pertaining to the Barbados...
Boost For Foreign Exchange Reserves

Boost For Foreign Exchange Reserves

Barbados’ foreign exchange reserves will be boosted by more than $200 million, thereby pushing levels back up above 12 weeks of imports. This disclosure came on Monday from Minister of Finance and Economic Affairs, Christopher Sinckler, as he addressed a press...

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