If you can’t service your debt, go to your bank now. Barbados Bankers’ Association president Donna Wellington offered this advice to Barbadians struggling with their finances as Government looks to cut nearly 1 500 jobs as a part of its Barbados Economic Recovery and Transformation (BERT) programme.
Speaking at a NATION Talkback On The Barbados Economy public forum on Wednesday night at the Central Bank of Barbados complex, The City, Wellington said: “Whilst we are going to be very much encouraging folks to be responsible at this time, we do want to encourage early engagement.
“So if there is a situation where folks find themselves challenged . . . whenever you are challenged, speak to us as soon as possible.
“The likelihood is that if you come early, before things get out of hand, there is something that can be done to assist,” she added. (AD)
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