Sunday, Mar 24, 2019

Caddle: Corruption deters growth

Caddle: Corruption deters growth
10 Jul

Minister in the Ministry of Economic Affairs and Investment Marsha Caddle believes a high level of corruption was one of the reasons for Barbados' weak economic growth over the past decade.

She says the link between corruption and anemic growth has long been established through research.

Minister Caddle also notes that a high level of corruption acts as a deterrent to investment.

Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey says the seemingly overwhelming problem of Sargassum seaweed covering Barbados' coastline could have been resolved, if only the previous administration had empowered young entrepreneurs eager to take on the challenge.

Mr Humphrey says there're people willing to make productive use of the significant amount of Sargassum seaweed that has blanketed some of the island's beaches.

Leader of the opposition Bishop Joseph Atherley is taking issue with the fines attached with respect to the proposed Integrity in Public Life legislation.

He's questioned the seriousness of the new administration as he likened the fines to a slap on the wrist.

He wants Barbados to guard against being labelled as a country where corruption is rife.

Bishop Atherley suggests campaign financing is another area requiring attention.

The opposition leader wants Barbados to go even further and establish the position of a Contractor General.

He also wants the powers of the office of the Auditor General strengthened.

Bishop Atherley also took a swipe at people who he says receive confidential information.

He believes they too are just as guilty as the person who shares it and should be penalised.

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