UTTER RUBBISH!
That was the response of Minister of Finance Chris Sinckler as he dismissed reports out of North America yesterday that the island had entered a financial support programme with the International Monetary Fund (IMF).
The Toronto Globe & Mail reported that Barbados, which it described as a “traditional powerhouse” in the Caribbean, was in danger of being unable to finance its economy.
According to the paper, which has more than one million readers: “The Government is now working on a restructuring plan with the IMF, which means two of the three traditional economic powerhouses in the Caribbean can’t support themselves.”
Please read the full story in today’s Weekend Nation, or in the eNATION edition.
