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IGNORE THE RUMOURS, devaluation is not on the cards for Barbados.

Tuesday, June 5, 2007

Barbadoss Prime Minister Owen Arthur has given the assurance that the countries economy is vibrant. He assured that nation while delivering the feature address at the recently held CLICO Group of Companies Awards Gala, held at Sherbourne Conference Centre. Arthur said people from the Opposition were saying devaluation was around the corner and the economy was on the brink of collapse. He described the rumors as "absolute nonsense". He is coated as saying that, "Not only is our economy continuing to grow at above its target rate, but such growth is being accompanied by developments in respect of employment, savings, Government finances, our external position, that are impressive and reflect a strengthening economy.

 
 
 
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