Gov’t to offer bonds to help country get through COVID-19 crisis

- by Desmond Brown May 24, 2020

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5 Replies to “Gov’t to offer bonds to help country get through COVID-19 crisis”

1. I understand that there are people out there in dire need but understand because of the economic downturn my son was laid off and I am the only bringing in a salary. It was.tough before but it is even worse now that he is not working and paying a mortgage is hard. I dont have money left to buy food.

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2. I am walking with a cane and still have to work but it is hard because no one wants to give me a chance to work in a clinic and I am struggling to work three shifts in pain. I only need a change to a clinic so I wont loose my house.

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3. Do not buy any bonds from the Barbados government,they are untrustworthy.I invested thousands of dollars with the last administration at 6.375% for seven years and everything was going fine,until this administration took over the government.They changed the rules,now thousands of Bajans including myself have to wait 2033 to cash our bonds.By that time alot of us will be dead,dead,dead.

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4. With the National Social Responsibility Levy – NSRL, everyone paid
   With the National Pandamic Solidarity Bonds, aka the national meeting turn, only civil servants get a hand

   Last year we paid less PAYE, ranging from $60+ less at the bottom to $450+ at the top
   Consider putting back those bands
   Most people didnt see the change anyway

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5. The Gov’t must act decisively. Eliminate free university education for all. It should be means tested. Eliminate non-contributory pension payments. Eliminate free public transportation for school children and seniors. Cut the salaries of all Minister’s in half. Get rid of all the entitled deadweight people in Gov’t locally and abroad. Do something about businesses with – holding NIS contributions and not forwarding same to NIS.

   A 30-0 mandate is a license to do the right thing. Covid mandates the right things be done now. Eliminate the non-contributory pension payments now.

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