Thursday, April 25, 2024

Govt told: Improve Public Sector or else . . .


Share post:

A noted economist has warned Government to improve the management of statutory corporations or “suffer dearly”.
The caution came from first governor of the Central Bank of Barbados, Sir Courtney Blackman, who noted that despite his recommendations over the years to Prime Ministers most of them did not listen to him as it related to improving the way the public sector was being administered.
Sir Courtney was delivering the University of the West Indies Open Campus’ lunchtime lecture at the Grand Salle of the Central Bank yesterday.
The topic was Management: The Critical Factor in Economic Development.
“I have been preaching the gospel of management but with little results,” he said. “What determines whether you get a surplus or a loss is the quality of your management . . . . Little attention has been paid by economists to that relationship between management and economic growth or economic development.” (MM)


Please enter your comment!
Please enter your name here

Related articles

Body found near Culpepper

There are reports reaching The Nation that a body was found in the area of Culpepper, St Philip. Initial...

Time to focus on national issues

ARE THE DEMS united, or are they fragmented? The reason I ask though is because shortly after Member of...

Dominica High Court overturns ban on same-sex relations

Dominica's High Court has overturned a ban on consensual same-sex relations in the Caribbean island nation. The court ruled...

Usain Bolt named ICC Men’s T20 World Cup 2024 Ambassador

ST JOHN’S, Antigua – The International Cricket Council (ICC) have announced Olympic legend Usain Bolt as an ambassador...