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PM to review 2% currency tax


PM to review 2% currency tax

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PRIME MINISTER FREUNDEL STUART says there may be a review of the controversial two per cent commission on all foreign exchange transactions.

Stuart was speaking so during a tour of several small enterprises participating in the annual Barbados Manufacturers’ Exhibition (BMEX) held at the Lloyd Erskine Sandiford Centre.

Stating that he was very proud of the products of many local enterprises, Stuart said based on what he saw at BMEX this year there was a quiet revolution taking place in the manufacturing sector in Barbados.

Consequently, he was also confident that the sector could once again become robust and significantly contribute to Barbados’ earning of foreign exchange. (SDB Media) 

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