Barbadian Agricultural Expert sees need for Land Use Policy & Rum Industry to be boosted: Central Bank Governor refuses to make similar statement when called on it

Warren Buffett and Paul Volcker have a special niche in common, they have advised, if not outright told, a number of their Presidents in the USA what to do financially and budget-wise to reduce the deficit and balance payments…

Volcker had no fear in making suggestions to either Nixon, Reagan, Bush Sr/Jr nor Clinton & Obama regardless of party affiliation, he stood up for his country's bank account!

Volcker is even more intriguing since the Central Bank of Barbados saw fit to bring him to Barbados to share his experiences and why they have value to even the Caribbean.

Yet when anyone seeks to learn if Dr DeLisle Worrell will recommend particular courses of action to either Chris Sinckler, Finance Minister of Barbados or the Prime Minister (who’s now busy defending Leroy Trotman’s racial epithet from May Day) then Dr Worrell is the first to admit this is not his place to do so – is he Dobby from Harry Potter? Who wants to say to the boy who survived an onslaught from Evil Wizard Voldemort to evade further danger yet cannot, as he is supposedly just a House Elf?

This conundrum brings to mind a famous aphorism pertaining to the Central Bank of Barbados which some attribute to Owen Arthur, yet it may be more accurate to link it to the first Central Bank Governor of Barbados – Sir Courtney Blackman

Dr Worrell made these comments at the Frank Collymore Hall recently in celebration of the CBB's 40 years of service to Barbados

He stated more or less bluntly, how the governor needs to be a creature of the Prime Minister; Former governor Winston Cox dared state his own mind to the BLP in their stewardship of this country from 1994 to 2007 and was summarily sacked yet went on to great heights in the Commonwealth (of former British Colonies, the ACPAfrican, Caribbean & Pacific states).

Speaking at a Lunchtime lecture celebrating the CBB’s 40th Anniversary, this is what Dr Worrell says about sugar versus rum sales {CLICK ON FOLLOWING LINK FOR FULL AUDIO};-

Rum sales would help towards generating the $5 billion dollars of foreign exchange reserves needed to run this country properly.

Dr Worrell even goes so far to prove his contention via bar charts at the same presentation {CLICK ON FOLLOWING LINK FOR FULL AUDIO};-

Full of hesitant catches in his voice, Dr Worrell starts to tread on the shaky ground that sugar is surely not what it used to be, in terms of export?

So at the same event I asked outright if he would let Government know what his findings are {CLICK ON FOLLOWING LINK FOR FULL AUDIO};-

You can almost hear the screech of brakes in his voice where he reiterates that his position is not to make suggestions for Government which is doing such a good job at running the country, don’t take my word for it – play this extract and hear for yourself!

Yet when I had a chance to speak with Dr Chelston Brathwaite, who headed the Inter-American Institute for Cooperation in Agriculture for two terms, I get a completely different stance and set of advice {CLICK ON FOLLOWING LINK FOR FULL AUDIO};-

If sugar costs $3-thousand per ton and sold for $919 per ton then look at Sugar for local reasons and not export.

The Agricultural expert even went so far as to hint that whoever next comes to power must marshal the limited space Barbados has for both living and farming, not only in the now, but ahead {CLICK ON FOLLOWING LINK FOR FULL AUDIO};-

Dr Brathwaite feels a Land Use policy earmarking territory in Barbados for Recreation, Living, Water, Agriculture and future use is an absolute must – which has to be considered due to Climate Change and generations not yet with us.

I can understand that Dr Brathwaite as an Agricultural Consultant may be more guarded in his recommendations for prudence towards future contracts, but when you have another man whose bounden duty is to ensure the fiscal history of Barbados remains at a certain level, if not at all times, then a majority of occasions, and is reluctant to let the regime of the day be aware that what they’re doing is not only suicide at the polls but for Barbadians in general?

Advisory Committee Member in the Barbados Summer Arts Festival; Dr Chelston Brathwaite

The motto of Barbados is Pride and Industry – yet Pride is what goeth before a fall, and sugar is not truly an Industry now, mayhap we needs must change our motto… Rather than a dolphin and pelican, we should use a Flounder & Ostrich?

Follow on Instagram

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.


add a comment

Some HTML is OK

or, reply to this post via trackback.

  • My Bdos Lottery Top Up 20201
  • Cloud Vision Academy 2022 Sept 336x280 1
  • SG Coop Ad Gift Vouchers 336 x 280
  • BR2 If you saw this then you came to the best place to get seen 1