Friday, April 12, 2024

BERT ‘a failure’


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The Democratic Labour Party (DLP) still isn’t the least bit impressed with BERT (Barbados Economic Transformation Programme).

President of the party, attorney-at-law Verla De Peiza, says Government’s programme to stabilise Barbados’ economy isn’t working and even international agencies can see it too, based on recent negative assessments within the last eight months.

She is also calling on the Prime Minister to let the country know what’s next now that Government has missed a very important debt payment deadline.

“Besides missing crucial payments Barbados has now missed the March 31 deadline to complete the negotiations with our external creditors. We call on the Government, as a matter of urgency to give a progress report on the negotiations and to let the country know what fallout to expect from these failures,” De Peiza demanded.

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