• Today
    February 19

  • 06:01 PM

$250m setback

SHAWN CUMBERBATCH, shawncumberbatch@nationnews.com

Added 13 February 2018

chris-sinckler-at-estimates

Minister of Finance Chris Sinckler (FILE)

Government’s failure to secure more than $250 million in revenue as planned over the past eight months has thrown its “very ambitious” fiscal target off track.

But despite the setback and other challenges, Minister of Finance Chris Sinckler yesterday asserted there was still cause for optimism in Barbados.

In what is likely to be his last major economic speech before next month’s dissolution of Parliament, the St Michael North West MP kicked off the Appropriation Bill 2018 debate by declaring “substantial progress in bringing [the] fiscal deficit down”. He also told the Lower House that the economy was now “locked into growth”.

This positivity was, however, watered down by his acknowledgement that the “zero” fiscal balance target he set in his May 30 Budget last year would be missed when the financial year ends on March 31. (SC)

Please read the full story in today's Daily Nation, or in the eNATION edition.

JOIN THE DISCUSSION

Dos and Donts


Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus

FRONT COVER OF TODAY'S NEWSPAPER

CARTOON

POLL

Do you want to see police officers stationed in schools?

Yes
No
Unsure

INSTAGRAM