Wednesday, February 28, 2024

Cheque-ing out

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Those days at the post office waiting in line to cash that important cheque are about to end.

Soon, all Barbadians receiving funds from Government, be it pension or welfare cheques, income tax payments or reverse tax credits, will have the monies sent to their accounts directly.

However, says Minister of People Empowerment and Elder Affairs Kirk Humphrey, people will be brought along as part of the transition process and not asked to fend for themselves.

“We currently pay the 6 000-plus recipients by cheque but that will be changed as all of the Government goes digital. We are currently doing a study with the World Food Programme to look at integrating a digital approach in a way that is efficient, but also is most relevant to beneficiaries,” he told the Daily Nation.

The minister said the study would examine digital financial inclusion in Barbados, analysing barriers and opportunities to improve it and social protection delivery, similar to studies done in St Lucia, Dominica and Jamaica. (BA)

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