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Sutherland: Drop in prices would help


Sutherland: Drop in prices would help

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The private sector will have to play a crucial role in the economic recovery of Barbados during the country’s structural adjustment.

So says Minister of Small Business, Entrepreneurship and Commerce Dwight Sutherland, after a tour of Popular Discounts in Kendal Hill, Christ Church, on Wednesday.

“We recognise that growth will come in this country through sectors such as the commercial and supermarket sector. Because of the structural adjustment programme, we believe that when you expand enterprises such as Popular [supermarket], you provide employment and you vertically integrate into other chains, such as freighting, and those small vendors who utilise the supermarkets to purchase in bulk . . . can go on the road and ply their trade.”

He also said pricing of goods would be a major factor that would affect consumers during the structural adjustment phase. (SB)

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