Barbadians will very soon get a better understanding of how policymakers are addressing the country’s economic issues.
The Central Bank of Barbados has announced an initiative in which the Bank and captains of industry will examine, in a discussion forum, the strategy for sustainable economic recovery.
The first forum, titled, The Barbados Economy: Consolidation and Growth Strategy, will hear from Governor of the Central Bank Dr DeLisle Worrell, president of the Barbados Chamber of Commerce and Industry Tracey Shuffler, chartered accountant Andrew Brathwaite, and business journalist Jewel Brathwaite. Broadcast journalist David Ellis will be the moderator.
Governor of the Central Bank DeLisle Worrell
They will discuss how policymakers are approaching fiscal consolidation and pursuing economic growth through the four main foreign exchange earners – tourism, international business and financial services, agro-processing and alternative energy – which saves the country foreign exchange.
“The country now has in place the right strategy for our circumstances. It is being implemented with fortitude. It has begun to show results. We know from experience that the way to raise our standard of living is by resolute application of appropriate policies with a view to sustainable development in the long run,” Governor Worrell said ahead of the first forum on September 3.
The discussion can be heard by tuning into VOB at 6:30 pm and CBC at 9:30 pm.
The Bank will host at least two discussion fora annually. The next one will take place in early 2015.
(PR)