On Tuesday, March 14, 2023 the Honorable Mia Amor Mottley S.C. M.P., Prime Minister and Minister of Finance, Economic Affairs and Investment of Barbados delivered her government’s Budget Proposals and Financial Statement for the fiscal year 2023 – 2024.
In a speech she titled “Upward Onward Bajan Excellence – 2030”, the Prime Minister sought to outline a plan for “Mission Transformation”, a growth plan for not only the Barbados economy, but for the people of Barbados “to accomplish excellence that will redefine our national approach; typify our efforts on the international landscape and solidify the benefits for this and future generations” all by the year 2030. The focus therefore of her “conversation with the nation” and proposed budgetary measures was envisioning what it would take to achieve the goals of “national transformation” as well as “building a global society and a world class people”.
Read Tricor Caribbean’s Commentary on the Budget Proposals 2023 which provides a snapshot of the main fiscal measures announced.
For more information, please contact our team in Barbados: