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Central Bank Governor: a Difficult 2020 at the Beginning of 2020, Triggered Global Recessionary Vulnerabilities of the Island

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Central Bank Governor: a Difficult 2020 at the Beginning of 2020, Triggered Global Recessionary Vulnerabilities of the Island Established October 1895 Barbadian young leader among finalists for Commonwealth Youth Awards 2021 PAGE 5 Thursday January 28, 2021 $1 VAT Inclusive SHOPPING RUSH A CALL made by Prime With the second lockdown as there was enough food national pause, which would see contracted working hours Minister Mia Amor Mottley looming as we roll and enough time to get see activity across the island for supermarkets between for members of the public into February, many their affairs in order. brought to a bare minimum in 8 a.m. and 3 p.m. Monday to to not panic and rush to Barbadians failed to Addressing locals and a bid to curb the spread of the Friday with them remaining supermarkets ahead of take heed of the Prime visitors this past Tuesday COVID-19 pandemic. Set to closed on weekends. next week’s national pause Minister’s appeal to not evening, Prime Minister kick in on February 3 and run fell on somewhat deaf ears. bombard shopping centres Mottley revealed plans for the for two weeks, the pause will RUSH on Page 3 Mere hours after Prime Minister Mia Amor Mottley announced tougher measures to combat COVID-19, Barbadians rushed to supermarkets to stock up on items ahead of the lockdown, which comes into effect from Wednesday, February 3. Long lines were the order of the early morning hours and Massy Warrens was no exception. Central Bank governor: A difficult 2020 AT the beginning of 2020, triggered global recessionary vulnerabilities of the island. recovery efforts,” said Haynes. virus in the key tourism source the Central Bank of Barbados conditions and curtailed “However, the progress markets of the island.The IMF, expected the economy to international travel. Haynes made since the start of the Recovery uncertain in its most recent forecast, expand slightly by 1.75 per also highlighted that depressed four-year economic adjust- The governor continued by has raised slightly its global cent, but due to COVID-19, tourism activity, a dampening ment programme with the explaining that despite the forecast for 2021 and a rebound there was a contraction of the of consumption and delayed International Monetary Fund significant impact on the of growth in the major real economy by 18 per cent. investment projects led to a (IMF) enabled us to adapt economy last year, the Bank source markets of Barbados During the 2020 Economic sharp contraction in economic economic policy, quickly was hoping for a strong partial is anticipated. The new Review yesterday, Governor of activity, elevated the level mobilise external funding, build recovery in 2021. However, that challenges faced include the the Central Bank of Barbados, of unemployment, subdued unprecedented reserve buffers hope has been muted by the re-emergence of lockdowns Cleviston Haynes, explained government revenue and and close the financing gap that heightened uncertainty caused that the pandemic had amplified the economic might otherwise derail our by the ongoing effects of the REVIEW on Page 4 2 • Thursday January 28, 2021 The Barbados Advocate COVID-19 update: One death, 16 positives, 22 discharged ANOTHER Barbadian 11. Barbadian nationality Isolation Facility for as- staff members and 259 1,079 persons have has passed away from The 761 tests carried and one of unknown na- sessment. male inmates. recovered. COVID-19. The 51-year- out by the Best-dos tionality. One of the new The total number of To date, Barbados The public health old woman, who had an Santos Public Health cases is someone who cases at Her Majesty’s has recorded 1,443 laboratory has so far underlying illness, died Laboratory on Tuesday, was previously sent to Prisons Dodds remains confirmed cases – 580 completed 100,890 on Tuesday, January 26. also identified 16 new the Harrison Point at 361, consisting of 102 females, 863 males – and tests. The Ministry of Health COVID-19 positive and Wellness, and by ex- cases, while 22 people tension the Government recovered from the viral of Barbados, extend illness and were dis- sincere condolences to charged from isolation. the family and friends of As a result, there are the deceased. Her pass- now 353 active cases on ing brings the number the island. of COVID-19 related The 16 new positives deaths in Barbados to comprise 14 persons of House fire in St. James ABOUT 11:30 p.m. on Tuesday, January 26, Brief facts 2021, a fire of unknown It was reported that origin destroyed a smoke was coming from two-bedroom abandoned the abandoned house. wooden house owned by When neighbours investi- Peter Hinds of Upper gated, the fire had already Carlton, Saint James. burnt the mentioned It also extensively dam- abandoned house and had aged a wall-constructed started to burn the houses upstairs and downstairs of Peter Hinds and Mark house occupied and owned Cadogan. by the said Peter Hinds.A Three tenders and third house constructed of 10 personnel from the wall and board belonging Barbados Fire Service re- to Mark Cadogan of sponded and extinguished Upper Carlton, Saint the fire. Investigations are James was also destroyed. ongoing. The 16 new positives comprise 14 persons of Barbadian nationality and one of unknown nationality. Public in favour of mask-wearing being made mandatory GOVERNMENT’S deci- tecting themselves and colleagues, etc.” sion to make the wear- their families and every- Jenny Taitt was also ing of masks in public one else”. in agreement with the spaces mandatory Echoing similar senti- measure. However, she from next Wednesday ment, Samantha Pilgrim said it should be effective has received support said she saw it as a immediately rather than from members of the positive move made by from February 3. public. Government. However, “I think they should be Speaking to The she stated it should have forced to wear it immedi- Barbados Advocate yes- been mandatory in all ately and yes, I believe terday, persons said they public spaces rather than there should be a penalty were in agreement with being only mandatory on for not wearing it in pub- Tuesday’s announcement public transport and in lic places because the way made by Prime Minster public buildings from the I see it is if you go in and Mia Amor Mottley as she beginning of the year. you cough in a space, gave a COVID-19 update. “Kudos to the powers somebody could very well Giving his name as that be who finally made end up with it who de- Kevin, this gentleman the important decision to cided that they don’t need told this paper he is “glad mandate the wearing of to wear a mask as well that they implemented masks, not only in public and carry it home to their that because what you buildings but in public families or friends. So I would find was that spaces... Because in my believe it is a reasonable people were not wearing opinion, it not only pro- measure under the cir- their masks appropri- tects those who are wear- cumstance. The only ately and thereby endan- ing the masks, but also thing that I think is that gering others. So maybe protects those who are it could have been [imple- now that it is an offence around them, especially mented] immediately; all to not wear your mask, when you go back home the other things could people will now take to your household, your have fallen into place at mask-wearing a bit more family, your friends and the time recommended.” seriously and hereby pro- by extension your work (MG) The Barbados Advocate Thursday January 28, 2021 • 3 Relieved! PRESIDENT of the Democratic Labour Party (DLP), Verla De Peiza, is relieved that the Government has finally taken the step to implement a lockdown, to assist in the fight against the highly contagious and potentially deadly COVID-19 virus. In a statement released yesterday, De Peiza, as she reflected on the meas- ures announced Tuesday by Prime Minister Mia Amor Mottley,that are to be put in place from February 3 to 17, in an effort to help curb the spread of the COVID-19 virus in this country, said that her Party has since last year been calling on Government to hit reset in the best interest of the coun- try. Her comments came as she con- firmed that the DLP did participate in the multi-sectoral meeting held by the Government on Tuesday. The Things at Cost-U-Less had eased up considerably by mid-morning. political leader indicated that this is not a new development, contending that it is in keeping with any national crisis in Barbados, as she added that Long lines at the DLP has always played its part in the democratic process. “Having gone on record consistently supermarkets since December of 2020 with our rec- ommendation for a reset in relation to RUSH from Page 1 both the protocols and the need for a short lockdown, we are relieved that When The Barbados Advocate made the Government has seen the wisdom the rounds at mid-morning, the lines on of moving in that direction. We were the outside were somewhat consistent not coping well. We truly needed to with what they usually are at this time stop to catch ourselves. We know it will of the month.Visits to Popular Discounts not be easy financially or mentally. in Spooner’s Hill, PriceSmart, Massy But that is the position we have found Stores Warrens and Cost-U-Less saw ourselves in today,” she added. manageable lines with no crowding or While pleased with the decision need for police intervention. However,re- to shut down temporarily, De Peiza ports state that earlier in the morning, voiced concern that village shops are to there were extended lines which started be excluded from the list of businesses as early as 6 a.m.
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