10% ill-timed, says Marshall
That’s how head of the Sir Arthur Lewis Institute of Social and Economic Studies (SALISES), Dr Don Marshall, described the decision by the Democratic Labour Party to restore the ten per cent to MPs’ salaries.
He declared that the small growth projected by the International Monetary Fund for the Barbadian economy could not support it.
“It is ill-timed at this moment because what the IMF is saying to us is that there are small green shoots of recovery, but those green shoots are small largely because it is tourism-led.”
The political scientist said should the island be able to maintain and possibly increase its “tourist-traffic bed nights” for two to three years, then it would be able to engage in meaningful wage negotiations with the island’s public sector unions. (HLE)
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