NationNewsNewsEconomist says Worrell aware of dangers

Economist says Worrell aware of dangers

“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.