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Tuesday, November 23

Bitter dose

nationnews.com: "Barbadians were yesterday administered one of the most bitter doses of economic medicine since the 1991 crisis by new Minister of Finance Chris Sinckler.

Levying broad-based increases in taxes and user-fees, while at the same time offering significant support to several business sectors to help keep people employed and to pull the country from its economic hole, Sinckler said the aim was to reduce the fiscal deficit which balloned from $396.9 million in 2008/2009 to $712.9 million in 2009/2010.
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