The Democratic Labour Party says Government’s 2026-2027 Budget delivers meaningful short-term relief to Barbadians, but it has concerns about fiscal sustainability and long-term economic planning.
In a statement yesterday on behalf of the party, attorney Corey Greenidge, who ran in Christ Church South in the February 11 General Election, said they understood the difficult global environment shaping the Budget, pointing to the lingering effects of the COVID-19 pandemic, the war in Ukraine and rising geopolitical tensions in the Middle East – all of which have driven up energy and shipping costs and intensified pressure on households.
Against that backdrop, he welcomed several of the Government’s relief measures, including the expansion of the reverse tax credit, financial support for pensioners and vulnerable groups, and efforts to cushion electricity and fuel prices.
“These measures will bring some degree of short-term relief to those most affected,” Greenidge said, noting that the intention to ease the cost of living burden was both necessary and understandable.
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