Friday, March 29, 2024

Selman has divine stimulus plan

Date:

Share post:

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)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

No decision yet on Lester Vaughan School

A firm decision has not yet been made regarding when the Lester Vaughan School will be reopened. Following a...

BDF to conduct simulation exercise on April 2 & 3

The Barbados Defence Force (BDF) will conduct a Mass Casualty Simulation Exercise from Tuesday, April 2, to Wednesday,...

Barbadians reminded to file taxes online as filing season starts

The Barbados Revenue Authority (the BRA) is advising that tax filing season for 2023 begins on April 1 this...

Minister Abrahams’ statement on Ismail Patel’s passing

Below is the full statement by Minister of Home Affairs and Information, Wilfred Abrahams: I was saddened to...