Barbados should control spending in 2012 – economist

With many people expecting 2012 to be an election year in Barbados, one economist is warning that the country cannot afford the increased spending that usually occurs in the lead-up to voting day.

President of the Barbados Economics Society, Ryan Straughn, said “elections have to be a consideration” when forecasting the country’s economic performance next year.

Straughn noted that while the Democratic Labour Party administration had done relatively well in meeting its revenue targets, its spending continued to be a cause for concern because…

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