Barbados News Business

Unemployment claims continue to climb

Unemployment claims to the National Insurance Scheme are continuing to climb as a result of the impact of the Covid-19 pandemic.

The update from Minister in the Ministry of Finance, Ryan Straughn.

Speaking during debate on the Catastrophe Fund Bill 2020, he stressed that as of last Friday close to 43-thousand claims were submitted.

Minister in the Ministry of Finance, Ryan Straughn

Mr Straughn reiterates that government through the Catastrophe Fund is moving to ensure Barbados has the space to respond in the event of a natural disaster.

Though the environment is challenging, he says government, despite criticism, has responded to ensure recovery.

Minister in the Ministry of Finance, Ryan Straughn

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