Wednesday, May 20, 2026

Mottley committed to maintaining value of dollar

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Prime Minister Mia Mottley’s immediate focus is protecting the Barbados dollar.

Mottley made that clear in a brief statement this morning, moments before walking in to meet with the Social Partnership at the Lloyd Erskine Sandiford Centre, for the second time since talking up office last Friday.

“Our objectives were made very clear on Monday, that we all agree that at all costs, the Barbados dollar must be saved in terms of its value; that we remain committed to a fixed exchange rate; that we remain committed to a stable and prosperous Barbados that is fair and equitable in its opportunities being delivered to its citizens.

“We now go into a bit of the heavy lifting and the drilling down,” she added.

The Prime Minister said she believes it is extremely important for the Social Partnership to be aware of exactly where the country stands financially before coming up with a plan to let the country move forward, and that regular meetings would be paramount

“I indicated that in the absence of an Opposition that that was absolutely critical.  I need to confirm this morning that in the presence of an Opposition, it still remains critical. Some may say that having received the benefit of the victory I now have the burden of the victory relieved of me and for that I am grateful to the Almighty,” Mottley said.

Late last night, Reverend Joseph Atherley, the MP for St Michael West, crossed the floor to become Opposition Leader.

He was sworn in this morning by Governor General Dame Sandra Mason. (BA)

 

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