Thursday, April 18, 2024

BADMC’s hard row to hoe

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AFTER 21 YEARS, the Barbados Agricultural Development and Marketing Corporation (BADMC) is still struggling financially, with an operating loss now of about $7 million yearly.

But the statutory corporation still has some positives to celebrate, including its invaluable help to the farming community and an export business that is likely to increase.

These were the messages which the BADMC’s acting chief executive officer Glendene Bartlett delivered yesterday during a service at the Westmoreland Church of the Nazarene, St James, marking the agency’s 21st anniversary.

Bartlett said the BADMC – a merger of the Barbados Agricultural Development Corporation (BADC) and the Barbados Marketing Corporation (BMC) – started badly because some operations were “very unprofitable” and there was a debt problem.

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