NationNewsPoliticsPM announces 15 strategies to grow economy

PM announces 15 strategies to grow economy

15 Strategies to grow the economy as announced by Prime Minister Mia Amor Mottley in the 2024/25 Financial Statement and Budgetary Proposals:

  • Creating Business Barbados
  • Increasing Public/Private Partnerships
  • Reviewing tax structures and new investment funds
  • Further modernising tax system
  • Digitisation and reengineering business processes
  • Unlocking the mortgage market
  • Increasing access to financing for the private and public sectors
  • Unblocking renewable energy investment
  • Addressing our demographic challenges by population and skills management
  • Monetising illiquid and derelict assets in the public and private sectors
  • Exporting capital to diversify investments
  • Establishing the pharmaceutical industry
  • Developing Barbados as an agro-processing hub
  • Incentivising a vibrant film and creative industry
  • Capital projects