Opposition Leader Ralph Thorne says, unlike statements made to the contrary, Barbados is not abuzz, nor is its economy performing well.
Thorne, who was delivering the reply to the 2024/25 Financial Statement and Budgetary Proposals in the House of Assembly, identified features that were prohibiting investment.
These include:
*Excessive debt
*High taxes
*Austere economic measures
*High costs
*High inflation
*Rampant crime
*Significant poverty
*Slow paced digitisation
*A demoralised public service
*Slow business facilitation
*Poor roads and infrastructure
*Marginalised churches and NGOs
*Corruption
*Eroded democratic traditions
*Slow paced economic diversification
(SAT)
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