Selman has divine stimulus plan
Evangelist Courtney Selman has a “divinely-given” plan to stimulate the Barbados economy.
In an interview with the DAILY NATION, Selman suggested the sale of fringe lands on Government and privately-owned plantations to people who could not afford the high-end real estate prices, and investment in local housing by Barbadians in the diaspora who take advantage of reverse mortgages in the country where they reside as two ways to generate economic activity.
He said the section of all plantation lands which run parallel to public roads could be sub-divided into 5 000-sq ft lots and sold to young people and others for between $25 000 and $50 000.
“This would put money in the hands of businesses, plantation and private land owners,” he said, while observing it would be an incentive for the cash-strapped farmers to plough money back into agriculture. (GC)