• Today
    August 07

  • 10:41 PM

Central Bank Governor pays tribute to Arthur


Added 29 July 2020


Governor of the Central Bank Cleviston Haynes. (FILE)

Governor of the Central Bank Cleviston Haynes yesterday paid tribute to former Prime Minister Owen Arthur, who passed away on Monday. Haynes was speaking ahead of of the Central Bank of Barbados' Annual Review Seminar (ARS) for 2020.

"I wish to begin my remarks this morning with a tribute, on behalf of the Board of Directors, Management and staff of the Central Bank of Barbados, to the memory of our former Prime Minister, Professor the Right Honourable Owen Arthur.

An economist by training, Mr. Arthur had a long association with the Bank. Between 1983 and 1984, he served as a member of the Bank’s Board of Directors. His tenure was relatively short because of his successful transition to elective politics, but his erudite contributions to economic and Bank-related policy left a mark on our institution.

“Mr Arthur oversaw the operations of the Bank between 1994 and 2008, when he served as Minister of Finance. Again, he brought to bear his sharp intellect to matters of public policy. He was determined to overhaul the Barbados economy so that it “fired on all cylinders” and to create a thriving Caricom Single Market and Economy, an initiative that he spearheaded with courage and conviction.

“In recent weeks, it was fascinating to watch his passionate participation in the deliberations of the Prime Minister’s Jobs and Investment Council. His knowledge and experience were always at the centre of his interventions. He willingly shared his insights and was ever ready to engage in intellectual battles on matters such as Barbados’ future exchange rate strategy, the role of international reserves in stressful economic conditions, and approaches to creating an environment to revitalise the manufacturing sector. I sensed that he was enjoying his role as elder statesman.

“He proved himself adept at politics, but foremost Barbados and the region have lost a scholar who applied his scholarship to improve the lives in our region. His legacy will live on. To his wife and children, I offer my deepest condolences." (PR)


Dos and Donts

Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus


Is enough done to mark Emancipation Day in Barbados?