Tuesday, January 7, 2014

Barbados: Stuart administration reveals that economic adjustments will not be easy

The Freundel Stuart administration in Barbados, has urged citizens to “band together” as it seeks to implement a raft of policies, including job cuts and a reduction in public expenditure in a bid to reviving an ailing economy.

The island-nations' Finance and Economic Affairs Minister Chris Sinckler told a news conference that the adjustment process was never ever going to be easy and the administration does not pretend that it was going to be a “painless process”.

But he

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