#BTColumn – Government’s promises

If the aim of the government is to inject a life-line into the economy, then a lot more must be done.

The capping of Value Added Tax on fuel and the reduction on freight charges will only be a drop in the bucket towards resuscitating the local economy.

A better option is still available to the Minister of Finance.

The promise made prior to the 2018 General Election is still useful and workable

Given the fact that government currently has access to several sources of funds, most of which should be utiliized for productive purposes, then there is the distinct possibility of a significant reduction in VAT across the board.

American novelist Jennifer Donnelly offered excellent advice saying “I know it is a bad thing to break a promise, but I think now that it is a worse thing to let a promise break you”.

Two consecutive 30-0 is a noteworthy and weighty endorsement; it should not be taken for granted

There is no reason why the trustworthiness of the present administration should take a nosedive .

The importance of keeping promises is further emphasized by Anthony Hitt, CEO of Real Estate company Engels and Volkers – North America.

Hitt succinctly puts it, “Keep every promise you make and only make promises you can keep”.

Barbadians deserve it, the economy of Barbados deserves it.

Michael Ray