Tourism guilty of foreign exchange leakage


The vital tourism industry, Barbados’ main revenue earner, is being blamed for also shipping critical foreign exchange out of the country. And with the island struggling to overcome a 14-year low in its foreign exchange reserves, a former Central Bank economist is warning now is the time to plug the opening that is suctioning out […]

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Rethink urged for BRA Bill

INDEPENDENT SENATOR Sir Henry Fraser has suggested that the controversial Barbados Revenue Authority (BRA) Amendment Bill be delayed, rethought or possibly go before a select committee. “This is not…