Thursday, March 28, 2024

PdP: Brace for more austerity

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Barbadians are being warned to brace for more austerity measures in the coming months, including layoffs after Christmas.

This warning was issued yesterday by the Opposition People’s Party for Democracy and Development (PdP), during a press conference at the Parliament Buildings.

Scott Weatherhead, spokesman on tourism and international transport, said Government would not meet its target under the International Monetary Fund (IMF) agreed Barbados Economic Recovery and Transformation (BERT) programme.

“So citizens should brace for more austerity in the coming months as they try to meet this target. That will mean more layoffs after Christmas, that will mean more taxes in the new year, and that will mean a further reduction in Government spending which will result in poorer quality of services from institutions like the (Queen Elizabeth Hospital), the Water Authority, the Sanitation Service Authority, the Transport Board, and other government departments. (MB)

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