Govt not ‘sticking to strategy’

OPPOSITION LEADER OWEN ARTHUR has accused Government of electioneering and ignoring the country’s serious financial position in its latest revision of the Medium-Term Fiscal Strategy (MTFS) 2010-2014.
The MTFS document identifies 2012-2013 as the only period the Freundel Stuart regime would not be implementing an expenditure cut of approximately $75 million, Arthur said.
“The Democratic Labour Party [DLP] intends to depart from fiscal discipline during an election year and not to take Barbados’ interest into account,” Arthur told the SUNDAY SUN.
“This new fiscal strategy is a political strategy. It departs from fiscal discipline in an election year and indulges in heavy spending in the hope that heavy spending would save the Democratic Labour Party,” he added.
Read the full story in today’s SUNDAY SUN.