The International Monetary Fund (IMF) has proposed that the Barbados Government adopts a two-year wage freeze in the public sector as part of its prescription to bolster that Caribbean nation’s sagging economy.
An International Monetary Fund (IMF) mission, headed by Therese Turner-Jones, which visited Barbados from October 3-14 for the 2011 Article IV discussions, released a statement at the end of the visit which urged the government to look to limit its “social spending to the most vulnerable parts of society given its limited fiscal space.”
Both BARBADOS and DOMINICA should do like GREECE and give the IMF and WORLD BANK the finger. They bleed you dry and then they loan you back your own blood and crazy rates and in currencies of their own choosing.
When you figure out what is owed per capita it’s enough to make you want to squat-p*** in their hands and walk away — it’s disgusting.
SAY NO TO THE IMF and walk away quietly if you can!
The IMF has its claws in DA also……try a hold on the resources. Barbados doesn’t have the resources that are on DA.
When we think our situation is bad, someone else’s is worse! Let’s thank God for what we have, stop complaining and crying down Dominica, work hard to improve our attitudes to work and increase productivity!
Are you saying that barbados economy is worse than dominica ?
Waw, am supprised!!!
-Dominica must be doing something good, but you will not hear that on Q95.