Tuesday, April 23, 2024

Island in ‘sorry state’

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A social scientist has been critical of the controversial reports on the state of Barbados’ economy.
Speaking at the launch of the Barbados Renewable Energy Association at Bagnalls Point Gallery in Pelican Village yesterday, Professor Don Marshall said the Standard & Poor’s (S&P) and Moody’s reports spoke to “Barbados’ secret shame, and that is that we’ve spent 20 years dithering”.
Earlier this week Moody’s downgraded Barbados’ domestic credit rating and a day later S&P said the economy was “accelerating” and put the economic outlook at “stable”.
The reports evoked responses from the ruling Democratic Labour Party (DLP) and opposition Barbados Labour Party (BLP).
Read the full story in today’s SATURDAY SUN.

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