2013 Barbados Budget Tax Newsflash | KPMG | BB

2013 Barbados Budget Tax Newsflash

2013 Barbados Budget Tax Newsflash

The Minister of Finance and Economic Affairs, the Honourable Christopher Sinckler delivered the Government’s Financial Statement and Budgetary Proposals on Tuesday, August 13, 2013.

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The Budget was presented in the context of forging a collective movement from all Barbadians to stabilize the economy and to be part of a more determined agenda for structural change to better equip the country to confront current challenges it is facing. The Minister admitted that the macro-economic programme had gone off-track and needed to be brought back into line, consistent with the objectives required for economic sustainability which would be characterised by growing international reserves, exchange rate stability, sustainable and balanced economic growth, while providing adequate by yet affordable social services.

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