Saturday, April 20, 2024

Call to speed up business reforms

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The BERT monitoring committee wants Government to accelerate the business reforms it says are needed for the economy to grow.

On Monday, the independent sub-committee of the Social Partnership body said it was happy with the economic reform process so far.

However, in the fifth report since its formation, the committee said it was “keen to see the ease of doing business reforms within the public sector being implemented at a faster rate”.

“These reforms are expected to improve the efficiency and productivity across the various sectors in Barbados, help to attract new foreign investors and facilitate the commencement of some investment projects that have not yet started. These projects are vital for increased employment and ultimately sustained economic growth,” said the report. (SC)

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