Thursday, July 4, 2013

Reducing fiscal deficit major challenge facing Barbados economy - Prime Minister Stuart

Barbados Prime Minister Freundel Stuart

The major challenge facing the Barbados economy is to reduce the fiscal deficit in order to determine a policy that finds the right balance between fiscal consolidation and economic expansion.

Prime Minister Freundel Stuart, last week, told a one-day National Consultation on the Economy that Barbados is experiencing its most severe economic challenges since World War II and that it had managed to stave off the worst effects of the economic and

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