Barbados’ economy is in imminent danger, head of the Private Sector Association, John Williams, said yesterday.
And he warned that if drastic action was not taken to flip the downward economic trend, there could be more pain for Bajans to feel.
“Things now are not normal. Although our entire society is not in imminent danger, our economy clearly is,” Williams told a hushed meeting of the tripartite Social Partnership.
Williams’ story of woe came moments after he was introduced by Prime Minister Freundel Stuart at the first full meeting of the Social Partnership for 2013, and the first since November last year.