Government has cut its funding to the Cave Hill Campus of the University of the West Indies (UWI) for the new financial year by $14 million.
And the almost immediate reaction of sources there was that it was now certain jobs would be lost across the board.
Highly-placed sources told the DAILY NATION yesterday that when the UWI’s regional technical advisory committee (TAC), at which Barbados was represented at the ministerial level, met in St Kitts late last week, local officials made their position known.
This means that for the financial year starting April 1, 2014, the campus will only get $96 million from Government, compared with $110 million the previous year, and a whopping $42 million less than it received from the previous Owen Arthur administration.
In fact, sources close to the TAC’s discussion said while officials of the Ministry of Education offered some hope of having the Government’s commitment to the campus rounded off at $100 million, top Ministry of Finance officials insisted that the $94 million cap would not be moving.
