Prime Minister Mia Amor Mottley’s budget proposals are being welcomed by this country’s business sector.
President of the Barbados Chamber of Commerce and Industry, James Clarke believes the initiatives outlined in the budget, such as the creation of the new state agency, Business Barbados, will improve the ease of doing business.
He’s also in favour of efforts to lower shipping costs as he expects this could help reduce the cost of living.
His comments came this morning during a post-budget forum hosted by the Chamber and Pricewaterhouse Coopers.
President of the Barbados Chamber of Commerce and Industry, James Clarke
Meantime, Chair of the Barbados Private Sector Association, Trisha Tannis is also happy with the budget describing it as having, in her words, ticked several boxes.
Chair of the Barbados Private Sector Association, Trisha Tannis.
Speaking during the forum’s question and answer session, Opposition Senator Tricia Watson voiced concern about electricity rates saying she feared that consumers may eventually have to choose between paying light bills and buying other things they need.
She’s not happy with how the various utilities, including the electricity provider, are being regulated.
Senator Watson believes the telecommunications sector requires tighter regulation.
Opposition Senator Tricia Watson.
