15 Disincentives to Investment

Opposition Leader Ralph Thorne.

hile Prime Minister Mia Mottley outlined in her Budget a 15-point economy strategy, Opposition Leader Ralph Thorne used the same number to identify disincentives to investment in Barbados:

  1. Excessive debt
  2. High taxes
  3. Austere economic measures
  4. High costs
  5. High inflation
  6. Rampant crime
  7. Significant poverty
  8. Slow-paced digitisation.
  9. A demoralised public service
  10. Slow business facilitation
  11. Poor roads and infrastructure
  12. Marginalised churches and NGOs
  13. Corruption
  14. Eroded democratic traditions
  15. Slow pace economic diversification

 

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