Friday, April 26, 2024

Economist: Pay if you can

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BARBADIANS WHO CAN afford to pay for education and health care should do so, leaving Government to pick up the tab for those who are unable to.

Visiting economist and academic Dr Peter Blair Henry gave that advice on Thursday night at the Central Bank’s second Caribbean Economic Forum.

The Jamaican, who is Dean of New York University’s Leonard N. Stern School of Business, observed that in Barbados now there was “a lot of discussion about the need to get the deficit under control, and Government expenditure is extremely high”.

He said Barbados “has been a great model for social development in the Caribbean” but noted “times changed and as development evolves we need to ask important questions”. (SC)

Please read the full story in today’s Saturday Sun, or in the eNATION edition.

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