Business sector confident in economy but urge diversification

Business sector confident in economy but urge diversification

The Barbados business sector reports confidence in the economy however a survey suggests that ease of doing business and lack of diversification of the economy are a concern.

This was disclosed by accounting firm EY’s Managing Partner for Strategy and Transactions, Christopher Sambrano, as he this morning presented the findings of the Barbados Chamber of Commerce and Industry and EY business confidence survey.

He explained the areas of concern such as the cost of doing business and the heavy dependence on tourism.

EY Managing Partner, Christopher Sambrano.

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