WE NOT BORROWING

freundel-stuart

Prime Minister Freundel Stuart. (FILE)

PRIME MINISTER Freundel Stuart is not worried about the country’s latest downgrade by international rating agency Standard & Poor’s.

That’s because his Government has no plans to borrow money on the international market.

Stuart told a gathering of Democratic Labour Party (DLP) members and faithful yesterday he would instead be focusing his efforts on keeping Barbados’ economic growth on the upswing.

The DLP president was in an upbeat mood during the party’s
mid-year conference at Queen’s College when he briefly dealt with Friday’s downgrade of the country’s long term credit rating by S&P from B to CCC+.

 

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