Important DocumentsPublic Lecture - Transforming the Barbados Economy in the Age of Liberisation
Broken DLP Promises
Reduction of VAT
The DLP will reduce the rate of VAT within 90 days of assuming office.
KENSINGTON OVAL
KENSINGTON OVAL will become "part of the family silver" within 90 days of the Democratic Labour Party (DLP) assuming office.
"We are insisting that Kensington Oval, where hundreds of millions of hard earned taxpayers dollars are invested, must be owned by the people of Barbados and that is what we shall see to, within 90 days from Wednesday," Thompson declared. – Nation Newspaper, January 13, 2008.
LAND
Within 90 days of being elected, a DLP administration would introduce a policy of zoning certain lands for exclusive Barbadian purchase.
Given his track record, it is a place where he seems most comfortable and we are therefore uncertain why he wants to give the impression that his is a homegrown plan.
Is it because Owen Arthur said that we should be charting our own future? Is it because Mia Mottley warned Barbadians as long ago as last year’s Budget Debate that that is where he was heading? Or could it be that he knows how Barbadians abhor the idea of our country succumbing to the dictates of a foreign organization?
Either way there is something unseemly about the Prime Minister of Barbados scolding the people he invited to discuss the economy for raising this issue, while at the same time beseeching them to help him and his Government out of the mess we are in.
The Barbados Labour Party will continue to ask the tough questions on your behalf. We will continue to point out the pitfalls and the alternatives, because we believe there is a better way.
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The truth is that the deficit has spiraled out of control since David Thompson has been in charge.
It is clear that the Prime Minister lacks both the confidence and the skill to make the leadership decisions required to turn the economy around.
News & UpdatesThat's because the bulk of CLICO Life's Executive Flexible Premium Annuities (EFPAs) - which promised high interest rates on deposits - become due in 2012.
According to the senior Government official, "All the potential buyers expressed concern about the EFPAs, most of which will mature in 2012, and that's around $300 million."
"The problem with CLICO is that there is an assets/liabilities mismatch," he explained.
Calendar of EventsThis DLP government is guilty of performing way below the expectations of Barbadians. It promised to do a number of things within the first 100 days but did not.
Choose your Playlist for the Audio Player:
General BLP Playlist1999 Election Songs 2003 Election Songs2008 Election Songs