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Govt ‘disconnected’ from economic reality, says Caddle


LISA KING, [email protected]

Govt ‘disconnected’ from economic reality, says Caddle

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BARBADOS LABOUR PARTY parliamentary hopeful Marsha Caddle is warning Barbadians to carefully interrogate information being given to them, particularly as it relates to “a supposed economic recovery” for Barbados.

The BLP candidate for St Michael South Central held a press conference yesterday in the Opposition’s offices to respond to comments made by Prime Minster Freundel Stuart at the Barbados Chamber of Commerce and Industry’s luncheon on Wednesday.

“The prime minister in his remarks suggested that new capital works projects would generate 14 000 jobs and at the same time we are told by the Minister of Labour that there are 13 000 unemployed people in Barbados.

“So which is it? Is it that we are now at a place in our economic recovery that we can provide full employment in this country?” Caddle queried.

The economist said Stuart’s suggestion that the economy was in recovery was alarming coming on the heels of the Central Bank of Barbados’ report that foreign reserves stood at only 10.3 weeks of imports.

“The Prime Minister and his Government are clearly disconnected, as usual, with how this fractured economic environment is affecting the lives of everyday citizens” Caddle said. (LK)

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