Stephen: Economy needs expansion methods
ECONOMIST Jeremy Stephen thinks the Barbados economy needs an injection of “growth measures in the near future”.
Reacting to yesterday’s Central Bank report showing the economy only grew by 0.3 per cent up to the end of last month, Stephen said this was “no surprise” since the economy’s performance remained “flat” with “no real change in the performance . . . overall”.
Stephen told the MIDWEEK NATION he was “glad that we have stabilised somewhat but we do need the space for growth measures in the near future”.
He said an immediate boost would come if a number of delayed major construction projects got “off the ground” soon. (SC)
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Economist Jeremy Stephen. (FP)