ALTHOUGH THE NATIONAL SOCIAL RESPONSIBILITY LEVY (NSRL) came into effect from July 1, it may be some time until Barbadians start to feel the full effects.
So says Barbados Chamber of Commerce & Industry (BCCI) president Eddy Abed, who added that the much criticised levy could possibly benefit consumers, as competition could keep prices down.
He told the DAILY NATION yesterday that the chamber’s members had generally agreed they would not be increasing any prices until new stock came into effect.
However, he noted there was no hard and fast rule as to when new stock would hit the shelves and therefore Barbadians could expect a staggered price change between supermarkets, general retailers and big ticket items. (AD)
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