(Barbados Today) Former Governor of the Central Bank of Barbados Dr Delisle Worrell says Government is costing Barbadians too much, but he remains hopeful about the economy, despite the current administration’s “inefficiency and ineffectiveness” in addressing the issues affecting the country.
“We have the talents, we have the energy and we have the competitiveness to take ourselves to the next level. It will happen even if we are saddled with a Government that is underperforming in the public service,” Worrell told journalists at a Public Forum held at the Harrison College yesterday.
He noted that the administration’s increased taxation is overextending Barbadians.
“Thirty cents of every dollar the Barbadian earns goes in taxes to Government through the various taxes we pay, so you only have 70 cents to yourself and of those 30 cents they still cannot make the Government run. They still have to borrow on top of that to run the Government. Our Government is costing us too much,” he said.