Budget needs
Bankers’ Association president Horace Cobham. (FP)
By Dawne Parris | Sun, June 24, 2012 - 12:10 AM
SET UP A SPECIAL DIVISION in the High Court to deal with commercial cases, speed up the payment of value added tax (VAT) refunds and operations in Government agencies, give local companies more Government business and cut the costs and red tape associated with doing business at the Bridgetown Port.
Those are among requests made by the business community, in particular bankers and manufacturers, for Minister of Finance Chris Sinckler to include in the 2012 Budget to be delivered on Tuesday.
Stressing that they were not looking for handouts, both the Barbados Manufacturers’ Association (BMA) and the Barbados Bankers’ Association appealed for more opportunities for their respective sectors.
Bankers’ Association president Horace Cobham told the SUNDAY SUN that in addition to the already reported request for the establishment of a small claims commercial court, bankers had asked the administration to allocate special judges to hear commercial matters.
Read the full story in today's SUNDAY SUN.
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