BARBADOS – Former P.M. Owen Arthur warns local economy could collapse

BARBADOS – Former prime minister warns local economy could collapse

Owen Arthur

May 14, 2018 – Caribbean News Service 

BARBADOS – Former prime minister Owen Arthur warns local economy could collapse due to falling foreign reserves and a weak first quarter 2018 in their latest Central Bank report.

On Monday May 14 he warned Barbadians to be prepared for stringent economic policies regardless of which political party emerges victorious in the Barbados May 24. 2018 General Election.       

Arthur, speaking at a news conference here, told reporters that both the incumbent Democratic Labour Party (DLP) and the main opposition Barbados Labour Party (BLP) would have to implement measures to turn around and stimulate the ailing economy.

READ MORE at https://caribbeannewsservice.com/now/barbados-former-prime-minister-warns-local-economy-could-collapse/

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