Tuesday, April 30, 2024

Economist says Worrell aware of dangers

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“I AM ABSOLUTELY SURE he knew the dangers” but didn’t speak up long ago when the time was ripe.

So said Professor Compton Bourne, a former president of the Barbados-based Caribbean Development Bank (CDB), in a reaction to Government’s efforts to remove Dr DeLisle Worrell as governor of the Central Bank of Barbados.

Bourne addressed the fallout from the printing of money to finance Government’s deficit, a policy pursued by the Freundel Stuart administration for the past three years and which might have led to the depletion of Barbados’ foreign reserves.

Bourne, an economist, said Worrell was a long-standing friend and colleague.(TB)

Please read the full story in today’s Midweek Nation, or in the eNATION edition.

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