BARBADIANS TO GET GREATER INSIGHTS INTO THE MANAGEMENT OF DOMESTIC ECONOMIC ISSUES

Barbadians will very soon get a better understanding of how policy makers are addressing the country’s economic issues. The Central Bank of Barbados announced a new initiative in which the Bank and captains of industry will examine in a discussion forum the strategy for sustainable economic recovery.

The first forum, titled The Barbados Economy: Consolidation and Growth Strategy, will hear from Dr. DeLisle Worrell, Governor, Central Bank of Barbados; Tracey Shuffler, President of the Barbados Chamber of Commerce and Industry; Andrew Brathwaite, a chartered accountant and Jewel Brathwaite, a business journalist. Local broadcast journalist, David Ellis, is the moderator.

They will discuss how policy makers are approaching fiscal consolidation and pursuing economic growth through the four main foreign exchange earners - tourism, international business and financial services, agro-processing and alternative energy, which saves the country foreign exchange.

“The country now has in place the right strategy for our circumstances. It is being implemented with fortitude. It has begun to show results. We know from experience that the way to raise our standard of living is by resolute application of appropriate policies with a view to sustainable development in the long run,” Governor Worrell previewed.

To hear the discussion, tune into VOB 92.9 FM on September 3 at 6:30 p.m. and CBC TV 8 on the same date at 9:30 p.m. Or, you may log on to the bank’s website centralbank.org.bb.

The Bank will host at least two discussion fora annually. The next one takes place in early 2015.

We encourage you to tune in, and invite you to submit your feedback on the programme to novaline.brewster@centralbank.org.bb. 

Dr. DeLisle Worrell
Governor, Central Bank of Barbados

David Ellis
Moderator

Andrew Brathwaite
Chartered Accountant

Tracey Shuffler
President of the Barbados Chamber of Commerce and Industry

Jewel Brathwaite
Business Journalist

August 27, 2014"