Barbados Finance Minister: Mideast Unrest Could Hurt Regional Economies
Minister of Finance Chris Sinckler
If the unrest in the Middle East and North Africa continues, it could harm Caribbean economies, Barbados’ Minister of Finance, Chris Sinckler, has warned. “Our main assumption was that the main impact will be felt in the price of fuel,” he said. “It is the expectation that oil prices will move even closer and surpass $100.” Senior officials in the ministry have made similar warnings. The news follows an announcement last week that Prime Minister Freundel Stuart would be moving the country toward a green economy.