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No excess printing of money - Barbados Today - Vimarsana News

No excess printing of money - Barbados Today

Although insisting that the Central Bank has not surpassed its legal limits of financing the Government through “printing money”, regional economist Marla Dukharan has advised the Mia Mottley administration to put “urgent emphasis” on reigning in its deficit.Amid public discourse about whether the Central Bank was printing money, Dukharan stressed that was one of the roles of that institution, and all indicators pointed to it being done within the parameters of the Central Bank Act.“The problem arises when the Central Bank prints money in excess to finance the Government and/or where...

Tough decisions - Barbados Today - Vimarsana News

Tough decisions - Barbados Today

People who currently contribute to the National Insurance Scheme (NIS) could be affected by its impending reform.That is the view of Dean of the Faculty of Social Sciences at the University of the West Indies, Cave Hill Campus, Professor Justin Robison.He told Barbados TODAY that while the National Insurance Fund is not in crisis now, Barbadians who presently contribute to the NIS could possibly still feel the impacts of any reform.On Wednesday, during a national press conference, it was revealed by NIS actuary Derek Osborne that unless decisive action was taken immediately, the National Insur...

'Give them more' - Barbados Today - Vimarsana News

'Give them more' - Barbados Today

The rising cost of fuel in Barbados has prompted the National Union of Public Workers (NUPW) to call for a hike in allowances for public servants.Noting that allowances have not moved in over a decade, the union’s general secretary Richard Green and president Kimberly Agard argued that with gas prices here being among the highest in the world, it was necessary for travel benefits to be adjusted upwards.Their call came on the heels of another price hike that took effect on Sunday which saw the cost of gasoline rising to $4.83 per litre, an increase of 11 cents, and diesel increasing to $4.28 ...

Smith hits her target - Barbados Today - Vimarsana News

Smith hits her target - Barbados Today

St Paul’s Primary School student Madison Smith has accomplished her goal of scoring full marks in Mathematics in this year’s Barbados Secondary Schools Entrance Examination (BSSEE).She was one of just two students to get 100 in the subject, out of the 3 000-plus students who sat the examination.The Queen’s College-bound student told the media on Tuesday, after the results were released, that she spent many hours completing past examination papers, extra homework, and revision as she prepared for the exam.She credited her accomplishment to her teachers and her mother, Kimberley Smith.The ...

Free FIT counselling for single-parent households - Vimarsana News

Free FIT counselling for single-parent households

Fifty single-parent families will get free counselling services under the Supreme Counselling for Personal Development’s new Family In Therapy (FIT) programme which aims to provide a holistic approach to addressing challenges in the home.Supreme Counselling’s Chief Executive Officer Shawn Clarke said that in addition to providing individual and group intervention counselling, the programme will also teach single parents effective parenting tools and techniques for coping with and overcoming difficult circumstances.During a press conference at the Hilton Barbados, on Monday, at which Massy ...