Economy

Processing delays affect Customs

The Customs and Excise Department has been hit by processing delays which are affecting the clearing of goods. The development…

1 year ago

Barbados and IMF to begin negotiations this week

Barbados has put together a strong negotiating team and is ready to engage in discussions with the International Monetary Fund’s…

1 year ago

BWUCCU President accuses banks of taking advantage of citizens

President of the Barbados Workers’ Union Cooperative Credit Union (BWUCCU) Dalton Medford is advising Barbadians to join the credit union…

1 year ago

Government committed to developing fisheries sector – Humphrey

Fisherfolk of Berinda Cox Fish Market, Oistins, Christ Church were honored on Saturday as part of the annual Fishermen’s Day…

1 year ago

Last minute rush by motorists to beat fuel tax introduction

Ahead of the July 1 implementation of a new fuel tax that is to replace the road tax, Barbadians rushed…

1 year ago

Public servants to receive wage hike in August

Public servants will receive their promised five per cent salary increase in August. This disclosure today from Director of Finance…

1 year ago

PM responds to questions about White Oak

Prime Minister Mia Mottley has reiterated that the Government has appointed the best advisors with respect to debt restructuring, namely…

1 year ago

Public sector job cuts would be a last resort – PM Mottley

As the Government prepares for continued negotiations with a team from the International Monetary Fund (IMF), Prime Minister Mia Mottley…

1 year ago

IDB President to visit Barbados on Wednesday

President of the Inter-American Development Bank (IDB) Luis Alberto Moreno will visit Barbados next Wednesday for talks with the new administration…

1 year ago

IMF discussions went well – PM Mottley

Prime Minister Mia Mottley says discussions with the International Monetary Fund (IMF) in Washington have gone well and a team…

1 year ago

BCSI welcomes Mottley’s economic remedy

The Barbados Coalition of Service Industries (BCSI) has described the so-called mini Budget presented by Prime Minister and Minister of…

1 year ago

PM off to Washington for IMF talks

Prime Minister Mia Mottley leads a four-member Barbados delegation to Washington this evening for talks with Managing Director of the…

1 year ago

BUDGET-HIGHLIGHTS-Fiscal measures at a glance

Following are the fiscal measures announced by Prime Minister Mia Mottley in today's mini-Budget, amounting to a $1.2 billion adjustment.…

1 year ago

BUDGET: Road tax scrapped, new fuel tax starts July 1

  The Barbados Labour Party has delivered an election campaign promise to abolish the road tax and replace it with…

1 year ago

FULL TEXT OF BUDGET SPEECH by Prime Minister and Minister of Finance Mia Mottley

ALL ABOARD - For Love of Country   Mr. Speaker Sir, I stand before you....18 days since the good people…

1 year ago

BUDGET: Public workers to get salary increase

Prime Minister Mia Mottley today announced that her Government will pay civil servants a five per cent, across-the-board increase in…

1 year ago

BUDGET-New departure tax and hotel room rate levy

Effective  October 1, 2018, Government will introduce an airline travel and tourism development fee. As a result, passengers flying outside…

1 year ago

BUDGET: Government abolishes NSRL

  Effective July 1, the National Social Responsibility Levy (NSRL) will be repealed, Prime Minister Mia Mottley today announced. The…

1 year ago

BUDGET: Government announces massive adjustment programme

Prime Minister Mia Mottley today announced that her Government would embark on a $1.2 billion adjustment programme over the next…

1 year ago