Economic fallout

With the jury still out on whether Governor of the Central Bank of Barbados Dr DeLisle Worrell will actually be sacked or not, the local business community is calling for an urgent resolution to the current legal wrangling at the helm of the country’s monetary authority.

A day after details emerged of a nasty fallout between the Governor and Minister of Finance Chris Sinckler that is now to be decided in the law courts, President of the Barbados Chamber of Commerce and Industry (BCCI) Eddy Abed said he was anxious for the dispute to be resolved, since “it is not desirable that we have, at this level” a public row between the two managers of the economy.

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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