Tag Archives: budget

  1. Nevis acquires PCR machine, their Alexandra Hospital now equipped to do COVID-19 testing

    The Nevis Island Administration (NIA) has secured a polymerase chain reaction (PCR) machine that will allow for COVID-19 testing to be carried out at their Alexandra Hospital laboratory on Nevis. Premier Mark Brantley, Senior Minister of Health in the NIA, made the announcement during his monthly press conference on August 26, 2021. “I am very […]

    August 29, 2021Featured, HealthNo comments
  2. VAT continues to perform well for NIA in 2019, Nevisian Premier & Finance Minister says

    The Value Added Tax (VAT) continues to be the single biggest revenue generator for the Nevis Island Administration. However, it continues to streamline its VAT Exemption policy. Mark Brantley, Premier of Nevis and Minister of Finance, made that disclosure when he presented the 2020 Budget Address with the theme “Building Resilience, Improving Infrastructure for Long-Term […]

    January 5, 2020PoliticalNo comments
  3. Bajans Dodge Bullet, for now… New Start Date for Upper Income Tax Band

    Employers are asked to note that the Ministry of Finance, Economic Affairs and Investment has changed the effective date of the new upper income tax band from July 1, 2018 to August 1, 2018. The introduction of a new upper income tax band of 40% relates to those whose assessable incomes are greater than $75,001. […]

    July 7, 2018Breaking News, Business, FeaturedNo comments

    Prime Minister Mia Amor Mottley is on a mission to stabilise and transform Barbados. She shared her plans earlier today with the media shortly after being sworn in as Barbados’ eighth Prime Minister at Government House, before Governor General Dame Sandra Mason, as well as family and friends. Ms. Mottley took the oath as Prime […]

    May 25, 2018Breaking News, Featured, PoliticalNo comments

    Understanding wants versus needs is one of the earliest and most powerful steps towards controlling financial goals. A firm believer in record keeping, Mr Blanchard told the packed convention room by knowing your goals in terms of month-end, year-end or the next ten years gives you a better grasp of how to marshal your resources […]

    April 16, 2018Breaking News, Business, FeaturedNo comments
  6. There is a disruption taking place – Superior Customer Experience is the new normal

    As the Twin Island Republic awaits the presentation of the National Budget for fiscal 2017/2018 later today with a keen understanding that further belt tightening measures will undoubtedly be included, the question that now arises for the business owner is: ‘how can I delight my customers so that they are inclined to spend their limited […]

    October 2, 2017BusinessNo comments
  7. Foreign Exchange Fee on Card Transactions Takes effect 1st September 2017

    The Central Bank of Barbados is reminding Barbadians that the two percent (2%) fee on foreign purchases and payments made using credit, debit and travel cards goes into effect from Friday, September 1, 2017. The Foreign Exchange Fee (FXF) is applicable to purchases made while overseas, as well as to items purchased from companies outside […]

    August 29, 2017Breaking News, Business, FeaturedNo comments
  8. “Walk for Relief” (Walk4Relief) – Tuesday 11th July 2017 at 10:30 am

    The leaders of the four major trade unions, their respective shop stewards and all interested persons are asked to gather at Queen’s Park on Tuesday, 11th July, 2017 at 10:30 am for the “Walk for Relief” (Walk4Relief). The purpose of this walk to Parliament is to deliver letters outlining the Unions’ objections to the recently […]

    July 10, 2017Breaking News, Featured, PoliticalNo comments
  9. “Why is the Private Sector Recommending Austerity?” By Grenville Phillips II

    Both established parties, some of the newer ones, and almost all Barbadian and foreign based economists are warning Barbadians to brace for severe austerity measures. Several prominent economists are even calling for a devaluation of Barbados’ dollar as a way to address our dire economic problems. Surprisingly, none of these entities are being challenged to […]

    June 28, 2017Breaking News, EditorialNo comments
  10. Bajan Youth Perspectives need to be heard for Budget 2017

    A national Youth Forum set for June 28th will gather nearly 200 young people from various youth organisations to discuss the youth perspectives on the Barbados economy. The Forum, a free event be hosted between 9.30 am – 12.30pm, June 28th at Olympus Theatres, organised by the Global Shapers Bridgetown Hub, will offer young people […]

    June 26, 2017Breaking News, Culture, FeaturedNo comments
  11. Industry Minister tries to soften introduction of the National Social Responsibility Levy

    Despite a fiery presence Thursday night against the drastic hike of the National Social Responsibility Levy from 2.5 to 10 per cent, the Minister of Industry and Small Business believes the move can improve Barbadian support of local goods and reduce a drain on foreign exchange. His concern is where do you apply exemptions or […]

    June 5, 2017Business, Video GalleryNo comments
  12. Prime Minister deems challenges of Central Bank as prior regime, not just Recession

    While the world is still recuperating from the fiscal downturn of 2008, Barbados had more to endure than many other places. This claim of blame game was handed out by Prime Minister Freundel Stuart as he addressed celebrants at the Central Bank’s 45th Anniversary Gala at the Concorde Experience over the weekend. Mr Stuart praised the […]

    May 23, 2017Breaking News, Featured, PoliticalNo comments
  13. Sky Mall Wedding Expo (Sat. 8th April, 2017)

    Pre-register for the Pop-up Planning Party in Seminar Room #1 via their website –

    March 5, 2017Fashion, Photo GalleryNo comments
  14. Sat. 11th March 2017 – Barbados March of Disgust and Rally (Pt 1)

    For the first time in my almost 30 years in public life, I must confess to being at a loss for words. I am truly stumped! No way could I have imagined as callous and as indifferent a response to the state of the social and economic affairs in Barbados as that of the Rt. […]

    February 27, 2017Political, Video GalleryNo comments
  15. (Pt 2) Sat. 11th March 2017 – Barbados March of Disgust & Rally

    Better could have been done and can be done in Barbados. A country that demonstrated the courage to make tough decisions in the past has fallen over the last eight years, as Prime Minister Stuart and his Cabinet avoided critical decision making at every stage. They obviously prefer to sweep the real issues under the […]

    February 27, 2017Political, Video GalleryNo comments
  16. Open Letter to Christopher Sinckler – Barbadian Minister of Finance & Economic Affairs: URGENT!

    Dear Mr Sinckler; In the past Bajan Reporter has been known to lampoon decisions or policies as promulgated either by yourself or your station, in this case what I put forward is completely serious and if you truly love Barbados then you will do the right thing based on the facts I put forward for […]

    February 6, 2017Breaking News, Featured, PoliticalNo comments
  17. Everybody Hates Chris #4 (Memories of Budget 2016)

    #Barbados #Budget2016 #everybodyhateschris #sinckler A photo posted by Ian D. Bourne (@bajanreporteronline) on Aug 27, 2016 at 8:39am PDT

    September 5, 2016Photo Gallery, PoliticalNo comments
  18. Everybody Hates Chris #3 (Memories of Budget 2016)

    #everybodyhateschris #sinckler #Barbados #paythenccstaff #whatistimelineforappointingthesetemporarystaff #Budget2016 A photo posted by Ian D. Bourne (@bajanreporteronline) on Aug 27, 2016 at 8:10am PDT

    September 5, 2016Photo Gallery, PoliticalNo comments
  19. Everybody Hates Chris #2 (Memories of Budget 2016)

    #Barbados #Budget2016 #everybodyhateschris A photo posted by Ian D. Bourne (@bajanreporteronline) on Aug 15, 2016 at 9:17am PDT

    September 5, 2016Photo Gallery, PoliticalNo comments
  20. Everybody Hates Chris #1 (Memories of Budget 2016)

    #Barbados #Budget #everybodyhateschris #politics #finance #mismanagement A photo posted by Ian D. Bourne (@bajanreporteronline) on Aug 14, 2016 at 9:08pm PDT

    September 5, 2016Photo Gallery, PoliticalNo comments
  21. Nevis Administration’s 2016 $193 million budget passes unopposed at Assembly sitting

    The Nevis Island Administration (NIA) $193.03 million budget for 2016 was passed unopposed in the Nevis Island Assembly on December 10, 2015, two days after Premier of Nevis and Minister of Finance Vance Amory tabled it at the start of a sitting of the Nevis Island Assembly on December 08, 2015. In his budget presentation, […]

    December 13, 2015PoliticalNo comments
  22. Steep price hikes in Santo Domingo for consumer products

    According to the Dominican Republic’s Central Bank, the Consumer Price Index shows an inflation rate of almost zero in the DR. On Sunday, 20 September 2015, however, the director of the governmental consumer protection agency, ProConsumidor, said that the prices of some basic consumer items have gone up by as much as 48-60%. Altagracia Paulino […]

    September 22, 2015Breaking News, Business, FeaturedNo comments
  23. Dominica to get $100,000 USD from Bridgetown, this as Cave Hill hopes wages in order for end of September

    Barbados’ Freundel Stuart regime pledged US$100,000 in financial assistance to Dominica following damages caused by Tropical Storm Erika on August 27. He also said the Caribbean Emergency Disaster Management Agency (CDEMA) has set some goals for member states of CARICOM to contemplate a contribution of about US$100,000 to the island’s recovery efforts. “I just want […]

    September 11, 2015Photo Gallery, PoliticalNo comments

    Effective midnight Sunday 6th September there was a drop in the retail price of liquefied petroleum gas (LPG). These adjustments in retail prices are due solely to changes in the CIF (cost, insurance, freight) of these refined products. (JS/BGIS)

    September 8, 2015BusinessNo comments

    The Ministry of Finance and Economic Affairs has moved ahead with Government’s policy as announced in the June 2015 Financial Statement and Budgetary Proposals for a revised list of basic food items to reflect a more affordable, healthy and better targeted VAT free Basket of Goods. Mr. Sinckler stressed that the VAT free basket has […]

    September 1, 2015BusinessNo comments