Wednesday, April 24, 2024

DLP boss opposed to Greenidge as Governor

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Describing it as a slap in the face to all “right-thinking Barbadians”, president of the Democratic Labour Party (DLP), Dr Ronnie Yearwood, voiced his opposition to the appointment of Dr Kevin Greenidge as the new Governor of the Central Bank of Barbados.

The announcement came hours after Yearwood said he hoped the new Governor was not in any way associated with any of Barbados’ home-grown International Monetary Fund economic policies.

Greenidge spent the last four-and-a-half years advising Government and was one of the architects of the two Barbados Economic Recovery and Transformation (BERT) I and II programmes.

“The Central Bank is responsible for monitoring and reporting to the people of Barbados, and giving a credible, independent, unbiased view of where the economy is going and what we need to do so that we can get policy, proper policy, and we can design responses to what is happening locally and internationally for the economy,” Yearwood told the Sunday Sun.

“So to see this announcement now is a slap in the face to all right-thinking Barbadians. There is no way on God’s green Earth that Dr Greenidge should be any Governor of the Central Bank of Barbados, [considering] his previous position defending Government programmes, when you would have the very Governor of the Central Bank, and the reports of the Central Bank, speaking opposite to what Dr Greenidge was saying.” (Nation News)

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