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Devaluation not on cards, says Boyce

Devaluation not on cards, says Boyce

Thu, November 15, 2012 - 12:12 AM

DEVALUATION of the Barbados dollar is out  of the question.

That’s the word from Minister in the Office of the Prime Minister Senator Darcy Boyce.

And he has also made it clear that Barbados has no date with the International Monetary Fund (IMF).

Boyce was speaking in the Senate yesterday during debate on the International Business (Amendment) Bill, which would adjust the tax schedules for the international business sector.

He recalled that during the early 1990s, he had worked with colleagues such as Independent Senators Geoffrey Cave and Sir Roy Trotman to make sure devaluation was off the cards.

Please read the full story in today’s DAILY NATION, or in the eNATION edition.

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Posted by Richard Johnston 1 year, 8 months ago
In New York we say where there's smoke there's fire. The mere fact that they are talking about it means something is up.

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