The blame for the state of the National Insurance Scheme (NIS) should fall squarely at the feet of the Mia Amor Mottley political administration.
And it should be this government that finds a better way to change around the fortunes of the institution in the form of a seven- to ten-year plan to repay the $1.3 billion which government has waived.
President of the Democratic Labour Party (DLP), Dr Ronnie Yearwood, made these suggestions during a live-streamed press conference held at the party’s George Street, St Michael headquarters yesterday.
Yearwood said it was highly unfair for government to waive the $1.3 billion owed to the NIS, while at the same time asking hard-working Barbadians to pay their money into the scheme for a longer period.
The president said he also found it quite ironic that this current administration would speak about low population ratios affecting the NIS, when a few years ago, a former DLP minister was “laughed out the room” after suggesting that Barbadians get more children, which could eventually increase its employment pool. (BA)
