Minister of the Environment and National Beautification Adrian Forde, has signalled his support for debt deferment legislation given the changing climate and impact of small island developing states like Barbados.
He was speaking in Parliament on the Debt (Natural Disaster and Pandemic Deferment of Payment) (Miscellaneous Provisions) Bill, 2023.
It makes provisions for deferment of the payment of amortisations and interests due on debt, on the occurrence of a natural disaster or a pandemic event under certain enactments.
About The Author
More Stories
Murder accused heading to court
US military completes withdrawal from Niger
17yo facing 7 charges, including murder