BARBADOS FACES A $3 billion debt crisis, and former Prime Minister Owen Arthur is pleading with the Freundel Stuart administration to seek foreign help right away, even if it means going to the International Monetary Fund (IMF).
Speaking in the House of Assembly yesterday in the pre-lunch session of debate on the Appropriation Bill 2017, the St Peter Independent Member of Parliament ranked the debate as the “most important on the economy” in his 33 years in Parliament.
“I have no vested interest in seeing the collapse of an economy that I have spent more than half of my life helping to build,” Arthur said during the second day of debate on the Government’s Estimates Of Revenue And Expenditure for the 2017/2018 financial year. (GE)
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