Economist gives positive outlook, but airs concerns
A LEADING CARIBBEAN DEVELOPMENT BANK (CDB) economist says Barbados is definitely on a recovery path and, with the right steps, the growth Barbadians were accustomed to will return.
The positive outlook has come from CDB’s deputy director of economics Ian Durant, as he addressed the 71st annual general conference of the National Union of Public Workers (NUPW) at its Dalkeith, St Michael headquarters.
According to the economist, he was “optimistic” about Barbados’ economic outlook but there were a number of issues facing the local economy that also needed to be fixed.
Addressing some of the policy challenges facing the current administration, Durant said for growth to be sustained, the island’s economic base had to be spread wider than just tourism. (GE)
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