GOVERNMENT’S LATEST Budget has left Barbadians facing at least a “three to four per cent” increase in the cost of living.
Barbados Chamber of Commerce and Industry (BCCI) senior vice-president Edward Clarke yesterday issued that warning about the likely impact of the new National Social Responsibility Levy announced by Minister of Finance Chris Sinckler.
At the same time, new Barbados Private Sector Association chairman Charles Herbert feared this new imposition might negatively affect manufacturers, including those that exported.
The two private sector officials raised their concerns yesterday during a post-Budget discussion hosted by the BCCI and sponsored by PricewaterhouseCoopers at Hilton Barbados.(SC)
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