Business
Barbados: Stuart administration reveals that economic adjustments will not be easy
The National Union of Public Workers (NUPW), which represents the majority of the 28,000 public servants, has accused the administration of already retrenching workers through technical maneuvers.
The government said it intends to trim the service by 3,000 jobs starting from January 15.
Sinckler told reporters that the government had already undertaken a number of measures to increase revenue “and we are of the view that more taxation will not be part of the solution at this point in time. “The analysis that we have undertaken makes it clear that government expenditure needs to be reduced by a further BDS$143 million (US$71.5 million) at the minimum over the full financial year and meeting this target would mean an inevitable, unfortunate though it may be, an inescapable loss of jobs in the public sector”. -(CMC)
