Thursday, May 9, 2024

PM announces 15 strategies to grow economy

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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

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