The Opposition may have promised it, but it is the re-elected Freundel Stuart administration that is planning to deliver a stimulus package.
Minister of Finance Chris Sinckler revealed today in the House of Assembly during the first day of debate on the 2013-2014 Estimates of Income and Expenditure that a $600 million stimulus package was on the way to boost the local economy.
Sinckler explained that the Government-led package which would come in the form of capital works projects across a number of Ministries would generate economic activity through construction and other projects.
As a result, at least 1 000 construction jobs would be created. (GE)
Sinckler:Stimulus package on way
Previous article
Next article
Related Articles
Heat drives rush for ACs, fans
As Barbados braces for intense heat in August, retailers are reporting stronger demand for fans and air conditioning...
Man to pay $4 000 for kicks, stones
The kicks that Peter Luther Jordan administered to a man three years ago cost him a total of...
Minister praises tourism workers
All the credit for Barbados earning top tourism awards rests firmly on the hard-working men and women in...
Lawmakers push for AI ‘kill switch’ after OpenAI models go rogue
US lawmakers want to give the government the ability to quickly order the turning off of artificial intelligence...



