• Today
    September 21

  • 04:16 AM

PdP: Extend NIS benefits to one year

CLM,

Added 22 August 2020

senator-crystal-drakes

Senator Crystal Drakes yesterday warned that unless measures were taken immediately to stem the social fallout, Barbados could quickly move from an “unemployment crisis” to a “poverty crisis”. (Picture by Lennox Devonish.)

As Barbados wades through uncharted waters with an estimated 40 per cent unemployment due to the COVID-19 pandemic, the Opposition People’s Party for Democracy and Development (PdP) is calling on Government to increase unemployment benefits from six months to a year. 

 The party is also calling for Government to abandon pursuit of its recently renegotiated one per cent primary fiscal surplus in favour of a deficit, a move which runs counter to the International Monetary Fund (IMF) approved Barbados Economic Recovery and Transformation (BERT) programme.

In fact, the Opposition is calling for a complete rethink of the BERT programme, contending that it now goes against the grain of the base needs of Barbadians. 

 The PdP is also calling on the ruling administration to “reset” the economy by forgiving public debt owed by citizens and businesses.  (CLM)

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