Tag Archives: Chris Sinckler

David Comissiong Responds to Sinckler and Inniss and their Demagoguery

Submitted by DAVID  ANDRE  COMISSIONG Perhaps Minister of Finance Chris Sinckler  and Minister of Industry Donville Inniss could explain to us Barbadians how the process of having Mr Mark Maloney construct a  hotel at Bay Street, St Michael would boost Barbados’ reserves of foreign exchange. It would seem to me that Mr Maloney would be […]

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When Political and Investment Considerations Intersect to Affect the NIS Fund

In response to an an exchange between David of BU and Hal Austin on the NIS Dumps 21 Million Dollars in Apes Hill Development blog, respected Barbadian actuary Walter Blackman responded with a comment deserving of deep thought and rich discussion by Barbadians everywhere – Barbados Underground Hal Austin March 31, 2017 at 11:53 AM […]

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Chris Sinckler Vs Delisle Worrell Court Appeal Document Available – Board of the Central Bank Expressed Concern About the Falling Foreign Reserves

In the Court of Appeal No.8 of 2017 DeLisle Worrell (Appellant) versus the Minister of Finance ( Respondent) presided over by Justices Sandra Mason, Kaye Goodridge and Andrew Burgess on February 23 and March 3, 2017 the decision by Justice Randall Worrell to lift the temporary injunction was upheld. The ruling cleared the legal hurdle […]

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Sinckler’s Spiel

In the wake of the unusual event of the former Governor of the Central Bank DeLisle Worrell resorting to the Courts of Barbados to prevent Minister of Finance (MoF) Chris Sinckler from sacking him, the BU household eagerly looked forward to the MoF’s press conference. High on the agenda for Sinckler should have been to […]

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The Caswell Franklyn Column – Prime Minister Come Clean on the Sacking of Governor Worrell

Today I intended to write about the functioning, or rather, the non-functioning of the system that was set up by the Employment Rights Act to settle disputes, particularly claims for unfair dismissal. I wanted to point out that it is at best amateurish and that it is failing miserably to meet expectations. But I felt […]

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The Moral Equivalence of Treason

Submitted by Pachamama For some time, there has a been a protracted ‘disagreement’ between the Governor of the Central Bank of Barbados (CBoB), Delisle Worrell and the Minister of Finance, Christopher Sinckler. It represents a deepening political-economy crisis. In trying to flesh out this phenomenon, we will sometimes directly address the prime minister, himself, as […]

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The Sinckler-Worrell Phenomenon -Sacrifice Can Be Maniacal or Suicidal

Submitted by George C. Brathwaite (PhD) “Thou wretched, rash, intruding fool, farewell! I took thee for thy better; take thy fortune.”- (Hamlet – Act 3 Scene 4; William Shakespeare) The turbulence surrounding the Finance Minister Christopher Sinckler and the Governor of the Central Bank Dr Delisle Worrell should come as no surprise to those Barbadians, […]

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Government Between a Rock and a Hard Place With General Elections Looming

Submitted by Inkwell 1. Consider this argument. The Central Bank (CB) Governor has refused to print any more money for the Minister of Finance (MOF). The MOF needs printing to continue to pay civil servants and keep Government running. If the Government can’t pay the civil servants this month, all hell will break loose. Therefore […]

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No Tears for the Central Bank Governor

“Don’t cry for him Barbados The truth is he never loved you During these wild years He kept his promises to the DEMS So you keep your distance!” Perhaps a rewrite of the famous song about Eva Peron is in order with the above sentiments expressed by Barbadians. Clearly the bromance that never was, between […]

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The GROTTO: Solicitor General ‘Opinion’ Deems Dividend Payment from Housing Credit Fund Illegal

The truth about the GROTTO Housing project and the decision to declare a dividend from the Housing Credit Fund (HCF) by the Central Bank of Barbados (Government) to pay Mark Maloney of PRECONCO is finally coming to light. The BU household has relentlessly pursued this matter and it gives us no satisfaction to be proved […]

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Chris Sinckler -Why Do You Want to Pay Hari Narayan USD10 Million?

Who is Harry Narayan? Why is the Barbados Cane Industry Corporation (BCIC) and Minister of Finance wanting to pay Narayan US$10 million dollars?

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Minister Chris Sinckler Refused to Respond to the PSV Operators Before the Budget

BU was advised by a reliable source that the communication attached to this blog was delivered to the office of the Minister of Finance (MoF) on 26 July 2016. The objective was to ensure the MoF received feedback in advance of the 2016-2017 budget. Contrary to the MoF’s advisement that he had consulted stakeholders in […]

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The George Brathwaite Column – Chris, It’s the Lasting uncertainty!

Submitted by Dr. George C. Brathwaite “The challenge lies rather in the idea of planning, of purposeful, intelligent control over economic affairs. This, it seems, we must accept as a guide to our economic life to replace the decadent notions of a laissez-faire philosophy.” – Rexford Tugwell and Howard Hill, ‘Our Economic Society and Its […]

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Did Honourable Member Chris Sinckler Deliver a Terminological Inexactitude?

  We have no doubt that we can and will grow our economy further and faster. We know we can bring unemployment down to even lower levels once we unleash the over $1 billion of foreign direct investment we have before us with projects such as the Sandals Casuarina expansion which has started, the Sam […]

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Government Blames Workers

Submitted by Brian Frederick Here we go again shortly after shameful admissions by the Director of the Urban Development Commission of the waste of taxpayers money by incompetent management now we have the Minister of Finance complaining that politicians are taking the blame for management and he mentioned Ministry’s of Water, Housing, and Environment and […]

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The George Brathwaite Column – Sinckler’s Answer to Economic Insecurity

Submitted By Dr. George Brathwaite Finance Minister, Christopher Sinckler, will tomorrow [15/08/2016] deliver the 2016 Financial Statement and Budgetary proposals. This occasion may well be Minister Sinckler’s last budget presentation, based strictly upon the unflattering performances of the Barbados economy throughout his stewardship. Perceivably, people and progress have been pushed from being the central plank […]

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The George Brathwaite Column – To switch or to just flip-flop?

This is an important question and, yes, he is correct to assert it cannot solely be about who is managing an entity; attention has to be also directed on “who is paying”. This revelation is not new, nor should it be a roadblock for the Government to make the best decisions while maintaining an optimality […]

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Sinckler Out to Sea

Submitted by Anthony Davis With work on the new Wyndham hotel due to begin in two weeks time and another Luxury hotel project under active discussion, Minister of Finance Chris Sinckler is very upbeat about the prospects this year for job creation. In fact, he expects the national unemployment rate to go down – Barbados […]

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