Wednesday, April 17, 2024

Economy takes ‘big hit’ without Crop Over

Date:

Share post:

The fact that Barbados did not have a Crop Over Festival this year is “a big hit to the economy”, says Central Bank Governor Cleviston Haynes.

He is also concerned about the seeming “demise” of long-standing regional carrier LIAT and hopes other carriers will be able to “fill the void”.

“On the issue of Crop Over . . . it’s a big hit to the economy because a lot of people depend on the activity around the Crop Over season. It’s part of our tourism and because it’s part of the tourism it filters down across various segments of the economy,” Haynes said during his half-year press conference on Wednesday at the Courtney Blackman Grande Salle.

“Obviously, the entertainment sector I think would have been very hard hit because this is really the major time for persons in the entertainment sector, but also in retail, in advertising, whatever sector you think about would be hit by the fact that there has been no activity basically for Crop Over this year.” (SC)

Subscribe now to our eNATION edition for the full story.

For the latest stories and breaking news updates download the Nationnews apps for iOS and Android. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Persistent DLP issues a concern, say political scientists

If the Democratic Labour Party (DLP) is to be a viable alternative to the ruling Barbados Labour Party...

‘Grand’ plans routed

Vendors and some residents along Station Hill and Bank Hall, St Michael are not jumping for joy that...

Public schools reopen next week

Public schools will reopen next week for the final school term of the academic year 2023-2024. Term III, also...

Met Office monitoring dust haze

The Barbados Meteorological Services (BMS) is closely monitoring a large plume of dust haze in the eastern Atlantic today. The...