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  • Belize’s Energy Crisis Ignites Political Blame Game

    Belize’s Energy Crisis Ignites Political Blame Game

    As of August 27, 2026, a worsening energy crisis has gripped Belize, bringing long-simmering political tensions over energy policy to the surface and triggering a public blame game between the incumbent administration and its predecessor.

    In a public address addressing growing public anxiety over persistent power outages, Cabinet Minister Kevin Bernard acknowledged the severity of the nation’s energy challenges while placing the root responsibility for the current crisis on the previous United Democratic Party (UDP) government. “I don’t like to dwell on the past, and critics will say we are just pointing fingers,” Bernard stated during the briefing. “But accountability has to be placed where it belongs. If the previous administration had prioritized serious, long-term energy infrastructure investments years ago, we would not be facing the cascading problems we see today.”

    Bernard went on to defend the actions of the current Briceño government, emphasizing that the administration has made tangible progress in tackling the crisis and pushing Belize toward greater energy autonomy. Currently, the nation relies heavily on imported power from Mexico’s Federal Electricity Commission (CFE), a dependence that leaves Belize vulnerable to disruptions when Mexico faces its own energy shortages. When asked about supply interruptions, Bernard noted that Mexico naturally prioritizes its own domestic demand during periods of shortage, a reality that leaves Belize exposed to sudden outages.

    To break this reliance on foreign energy, the Briceño administration has advanced two large-scale solar energy projects, which Bernard says will bring the country closer to long-term energy self-sufficiency. While Bernard declined to share full details of the upcoming projects, he confirmed that one major solar initiative is on the verge of coming online, marking a critical step forward for the nation’s renewable energy transition. He also expressed confidence in the leadership of Ambassador Young, Executive Chair of Belize Electricity (BEL), saying Young has already pushed forward sweeping reforms and improvements at the state power utility and deserves time to deliver tangible benefits for consumers.

    Notwithstanding these commitments, the public remains frustrated by the recent wave of rolling blackouts that have disrupted daily life across the country. Bernard acknowledged this discontent, saying “as an elected representative, I absolutely empathize with the Belizean people who are dealing with these constant outages.”

    The key caveat to the government’s optimistic outlook is the timeline for the new solar projects: even with accelerated progress, it will take months, and potentially years, before both projects are fully operational and able to meet a meaningful share of the nation’s energy demand, meaning Belizeans will likely continue to grapple with supply instability for the foreseeable future.

    This report is adapted from a transcript of a primetime television newscast originally published by the outlet.

  • Green transition ‘could push up’ electricity prices

    Green transition ‘could push up’ electricity prices

    As Barbados pushes forward with its ambitious shift from fossil fuels to renewable energy, a top industry figure has sounded a clear note of caution: consumers should prepare for temporary increases in electricity bills as the transformation unfolds. Stephen Worme, a council member of the Barbados Chamber of Commerce and Industry and former chief executive of national utility Barbados Light & Power, outlined the dual infrastructure challenges that are driving these potential cost impacts in an interview.

    Worme explained that the transition requires two layers of investment that cannot be avoided. On one hand, the country must purchase and install new specialized equipment to integrate growing volumes of wind and solar power into its electricity network. On the other, existing conventional fossil fuel-powered generation capacity cannot be phased out prematurely, and must be kept operational to guarantee consistent grid stability and reliability throughout the transition period. This dual system maintenance and expansion means additional operational and capital costs that will ultimately be passed to end users, Worme confirmed.

    “There’s no way around this temporary cost bump,” Worme said. “We need to bring in new infrastructure for renewables, but we also have to keep our older legacy plants running to make sure the transition doesn’t hit disruptions. At this point, it’s too early to put an exact figure on how much rates will rise, but consumers will feel some impact. The good news is that the Barbados government is already working proactively to mitigate these increases as much as possible.”

    Worme emphasized that framing the transition’s cost purely around near-term rate increases is a short-sighted approach. The alternative — letting grid stability slip during the shift — would carry far heavier economic costs for both local businesses and households, he argued. If power supply becomes unreliable, companies across all sectors will be forced to spend thousands on private backup generators and emergency power systems to keep operations running. For consumers, that unreliability would translate to delayed goods, interrupted services and even indirect price hikes as businesses pass on their backup infrastructure costs to customers.

    The Barbados Chamber of Commerce and Industry has been actively engaged in closed-door discussions with the Barbados government to shape a balanced transition framework that prioritizes two core goals: keeping electricity as affordable as possible for households and businesses while safeguarding the long-term reliability of the national grid. “We aren’t just focused on pushing down immediate costs,” Worme explained. “We’re committed to getting the balance right between affordability and keeping the lights on through every stage of this process.”

    Beyond grid stability, Worme stressed that long-term energy security must be centered in any conversation about the transition, especially against the backdrop of ongoing global conflicts that have thrown international energy markets and fuel supply chains into chaos. By building out domestic renewable energy capacity, Barbados can cut its reliance on imported fossil fuels, insulate its economy from global price volatility and lock in greater long-term energy independence. This strategic benefit alone, Worme argued, justifies the temporary near-term costs.

    For Worme, the tradeoff of small near-term price increases for major long-term gains is a worthwhile one. “If we accept paying just a little more now to get this transition right, we’ll end up with lower overall costs, more stable supply and greater energy certainty down the line,” he said. “That’s a net gain for every single Barbadian.”

  • Bernard Rejects Cuban Doctors’ Departure Claims

    Bernard Rejects Cuban Doctors’ Departure Claims

    In a public clarification issued on August 27, 2026, Belize’s Minister of Health and Wellness Kevin Bernard has pushed back against recent allegations that the Briceño administration is forcing Cuban medical professionals serving in the country to return to Cuba. The controversy erupted earlier this week when opposition figure Wil Maheia claimed on social media that shipping containers holding the personal effects of Cuban doctors were being sent back to the island nation, implying a forced exit of the long-serving medical contingent.

    Bernard labeled Maheia’s claims as irresponsible and taken completely out of context during a press briefing Thursday morning. He explained that the routine annual vacation cycle for Cuban doctors assigned to Belize is the actual reason for the shipments of personal items. Since the brigade’s members take staggered leave throughout the year to avoid straining local healthcare services, it is common practice for doctors to bring personal gifts and belongings back to family members in Cuba when they travel home for breaks. Contrary to the narrative spread online, Bernard stressed that the government has not ordered any forced departures of Cuban medical staff, who remain fully employed and active across Belize’s public health system.

    While the claims of forced exit have been officially refuted, the long-term future of the Cuban medical brigade in Belize remains unresolved as bilateral diplomatic negotiations between the two countries continue. Bernard confirmed that ongoing discussions are addressing the terms of the brigade’s continued service, and he expects a final decision to be presented to the Belizean Cabinet for approval by September 2026. Both the Cuban medical contingent and the Belizean government are seeking a mutually amicable resolution that preserves the brigade’s contributions, he added, noting that the administration greatly values the support Cuban doctors have provided to Belize’s healthcare system over the years.

    To prepare for any outcome of the diplomatic talks, the Ministry of Health has been moving forward with long-standing plans to strengthen Belize’s domestic medical workforce. The government has invested in advanced specialty training for local doctors, with five physicians currently set to return to the country after completing programs abroad: two in nephrology, two in obstetrics, and one in pediatrics. A pediatric oncologist, Dr. Cawich, has already completed her training and begun work at the country’s main public hospital, the Karl Heusner Memorial Hospital (KHMH), while additional local doctors are training in radiology and other specialties in Taiwan. Bernard also confirmed that the administration is exploring alternative sources of medical personnel to supplement domestic capacity, including ongoing talks to recruit qualified healthcare professionals from the Philippines to serve in Belize.

    Across all contingency planning, Bernard emphasized that the government’s top priority is to guarantee uninterrupted access to essential healthcare services for all Belizean citizens, no matter what the final outcome of the diplomatic negotiations on the Cuban medical brigade.

  • Belmopan’s University Hospital Stalled Three Years Later

    Belmopan’s University Hospital Stalled Three Years Later

    It has been three full years since the government of Belize secured a $43 million development loan from Saudi Arabia for a flagship public health infrastructure project, but the proposed University Hospital in Belmopan has yet to move past the planning phase, leaving the long-awaited facility in limbo for residents across the country.

    The Briceño administration first secured the Saudi financing back in 2023, rolling out the project with bold promises of a state-of-the-art combined medical care and academic training facility that would address critical gaps in Belize’s national healthcare system. Three years on, however, not a single shovel has hit the ground, and slow bureaucratic progress has left many Belizeans questioning when, or if, the project will ever come to fruition.

    When pressed for details on the delays, Minister of Health and Wellness Kevin Bernard acknowledged the extended timeline but reaffirmed that administrative steps are still moving forward, with an official groundbreaking targeted before the close of 2026.

    “From what I have been updated, progress is ongoing,” Bernard shared in a recent on-air interview. “The Saudi side has already launched the design tender process. We are currently at the stage where we have narrowed the competition down to two bidding entities, and full contract bids will be issued to those parties soon. I do not want to overpromise, but my hope is that we can break ground by the end of this year and get actual construction underway – that is the goal we are working toward.”

    Once completed, the 150-bed facility is set to fill a critical role in Belize’s healthcare ecosystem: it will operate as the country’s new national referral hospital, managing complex cases that cannot be treated at smaller regional facilities, while also providing hands-on clinical training for medical students enrolled at the University of Belize. The project has been hailed as a transformative investment for Belizean public health since it was first announced, but extended delays have left communities waiting for the improved access and training opportunities it was promised to deliver.

  • Calls Grow for Support as Sugar Exports Take $18 Million Hit

    Calls Grow for Support as Sugar Exports Take $18 Million Hit

    Dated August 27, 2026, Belize’s foundational agricultural sector is facing an unprecedented crisis that has left thousands of farming households on the brink of economic collapse, with the sugar industry leading the downturn. Freshly released data from the Statistical Institute of Belize (SIB) confirms that sugar export earnings have plummeted by more than $18 million compared to figures from July 2025, marking one of the sharpest single-year declines the sector has seen in decades. What is more, the slump is not isolated to sugar: citrus exports have also dropped sharply, dragging down overall agricultural performance and amplifying fears about the long-term stability of Belize’s traditional agribusiness sectors.

    Multiple overlapping challenges have combined to create this perfect storm for sugarcane farmers across the country’s sugar belt. According to Alfredo Ortega, Vice Chair of the Belize Sugar Cane Farmers Association (BSCFA), the 2026 harvest ranks among the worst in 35 years. Widespread unharvested cane was left rotting in fields this season, driven primarily by a critical nationwide labor shortage that has plagued the industry for two consecutive growing cycles. Beyond labor issues, per-acre yields have fallen dramatically, and global sugar prices remain stuck at unsustainably low levels, a double blow that has gutted farmer incomes.

    Pest and disease infestations have compounded these struggles, with delayed intervention allowing destructive pests and pathogens to spread unchecked across growing regions. Mealybugs, fusarium wilt, cane worms and froghoppers have all cut into production volumes, reducing total cane deliveries to processing facilities. Ortega noted that while farmers have advocated for better pest management for months, slow action from regulators and industry bodies allowed the infestation to escalate into a full-blown crisis.

    The crisis has spurred calls for both immediate relief and long-term systemic change. Former Belizean Agriculture Minister José Abelardo Mai warned that conditions are likely to worsen before they improve, arguing that the industry cannot survive on raw sugar exports alone. Mai pushed for urgent diversification, noting that sugarcane farmers are currently the lowest-income group in Belize’s agriculture sector. As one viable alternative, he proposed expanding the use of sugarcane byproducts to generate electricity, creating a new, steady revenue stream for producers that would buffer against fluctuations in global sugar markets.

    Ortega and the BSCFA have long backed diversification efforts, but they point to a long-standing dispute over revenue sharing from existing byproduct energy production that has left farmers undercompensated. Bagasse, the fibrous byproduct of sugar processing, is already used to power portions of Belize’s electricity grid, but farmers currently receive only 30 to 35 cents per ton of delivered cane for this resource. The BSCFA has been negotiating for a fairer cut of revenue tied to actual energy sales, but talks have stalled for years with no resolution in sight.

    The agricultural downturn extends far beyond sugar, painting a grim picture of Belize’s overall trade balance. SIB data shows citrus export earnings have fallen by $2.4 million, while molasses revenue has collapsed from $2 million to less than $100,000. Marine product exports have also dropped by $1.3 million, driven by weakening lobster sales and a total disappearance of shrimp exports from national trade figures. Sheena Pitts, Chair of the United Democratic Party (Opposition), highlighted the growing trade imbalance: in the first quarter of 2026 alone, imports hit $807 million while exports reached only $65.4 million, leaving a $741.7 million merchandise trade deficit. Pitts argued the widespread losses signal deep structural weaknesses across Belize’s core productive sectors, noting that even the government has acknowledged the citrus industry is in decline and requires urgent revival.

    After months of mounting pressure, limited relief is finally on the way. Ortega confirmed that a government-funded treatment program coordinated through the Sugar Industry Research and Development Institute (SIRDI) is launching the same day as the report, with free insecticides and professional spraying services distributed to farmers to contain the mealybug infestation ahead of the next growing cycle. Farmers, industry stakeholders and the Opposition continue to pressure the government to roll out broader, longer-term support measures to prevent the downturn from pushing more farming families into poverty and destabilizing rural communities across the country.

  • BSI Races to Protect Sugarcane as Pests Threaten Future Harvests

    BSI Races to Protect Sugarcane as Pests Threaten Future Harvests

    As of August 27, 2026, Belize’s $100 million sugar industry is facing an unprecedented cascade of challenges that put upcoming harvests and long-term industry stability at risk. From plummeting cane yields and widespread labor gaps to persistent crop diseases and the rapid spread of a destructive invasive pest, the sector is grappling with threats that have already hit export revenues, with an $18 million drop recorded between July 2025 and July 2026. While industry leaders confirm that large-scale shipments to key global markets, the United States and European Union, are still slated for the final months of 2026, the path to full recovery hinges on urgent, coordinated action to address the crises unfolding in sugarcane fields across the country.

    In a recent interview, Shawn Chavarria, Director of Finance at Belize Sugar Industries (BSI), outlined the industry’s ongoing emergency response to the most immediate threat: the invasive mealybug pest that has already infiltrated thousands of acres of sugarcane crops. As Chavarria explained, industry stakeholders have actively lobbied the Belizean government for targeted financial support, with a focus on securing both low-interest loans and grant funding for smallholder farmers to roll out large-scale pest control measures.

    According to Chavarria, agrochemical treatment to bring mealybug populations under control is set to begin no later than early September 2026, following final administrative approvals for funding. The coordinated campaign aims to treat approximately 50,000 acres of vulnerable sugarcane land, building on the targeted control work BSI has already completed on its own commercial fields.

    The mealybug poses a particularly severe threat to sugarcane health: the pest feeds on cane leaves, damaging the plant’s ability to carry out photosynthesis, which in turn causes whole stalks to dry out prematurely and leads to drastic drops in usable cane yield. Chavarria emphasized that industry leadership is monitoring the outbreak closely, but the full extent of damage to 2027’s harvest remains uncertain at this early stage. If the pest is not contained effectively, he warned, the country could see another significant drop in cane production next growing season.

    Chavarria also sought to ease concerns over the steep decline in export earnings recorded over the past 12 months, noting that the drop is largely a function of shifted shipment timing rather than a collapse in overall demand. Major export deliveries to the U.S. and EU remain on track for later this year, which is expected to partially offset the current revenue gap.

  • High Fuel Costs Ripple Across Belize’s Economy

    High Fuel Costs Ripple Across Belize’s Economy

    As of August 27, 2026, Belize is grappling with an unprecedented fuel price crisis that extends far beyond higher costs at gas pumps, rippling through every corner of the nation’s economy and squeezing both businesses and consumers. Diesel prices already exceed $14 per gallon, with another hike scheduled to take effect midnight after this reporting date, pushing premium fuel above $15 per gallon and some diesel grades as high as $16. This steep increase has left operators across agriculture, transportation, tourism and fisheries forced to make difficult financial decisions to keep their doors open.

    The first public eruption of frustration over rising fuel costs came in April 2026, when members of the Belize Bus Association (BBA) blocked the Phillip Goldson Highway, halting cross-country traffic to protest unsustainable operating costs. Just one week before this report, commuters narrowly avoided a second major work stoppage after BBA leaders renewed their demand for government fuel subsidies. While the association has granted the government additional time to review the request, core grievances remain unaddressed. Ferland Gilharry, a BBA representative, emphasized in a March 2026 statement that the current price regime has created an existential crisis for small independent bus and school bus operators, who only ask for a fair and level competitive operating environment.

    Critics point to steep government taxes as a major contributor to sky-high retail prices. Sheena Pitts, chair of the United Democratic Party, noted that when diesel hit $14.55 per gallon in March 2026, government taxes alone accounted for $3.68 of that per-gallon cost. She stressed that the impact of high fuel does not end at the gas station: every sector from agriculture to fisheries to logistics pays the premium, and the added expense is ultimately passed along to ordinary Belizean households.

    As one of the pillars of Belize’s national economy, accounting for roughly half of the country’s total GDP, the tourism industry is facing particularly acute pressure. Reynaldo Malik, president of the Belize Hotel Association, reports that fuel costs have jumped nearly 30% in recent months, hitting hotel operators hard. Many properties rely on fuel-powered shuttles to transport guests, and off-grid resorts depend on diesel-powered generators for 24-hour electricity, meaning their energy expenses have skyrocketed alongside pump prices.

    Alina Saldivar, owner of Island Magic Beach Resort and Island Magic Villas on Caye Caulker, explains that the island’s geographic isolation amplifies fuel costs dramatically. Everything from food and hospitality supplies to laundry services must be transported to the island by boat, requiring multiple weekly trips to the mainland. Saldivar says businesses have been left with no option but to pass higher costs through to consumers, already forcing hikes to menu prices as combined inflation for fuel, electricity and wholesale supplies continues to climb.

    The nation’s struggling sugar industry, already reeling from the lowest cane yields recorded in more than 30 years, has been hit with another blow from rising fuel costs. Alfredo Ortega, vice chair of the Belize Sugar Cane Farmers Association, says diesel above $16 per gallon has gutted already thin profit margins. Every step of cane production — from field maintenance to harvesting to transporting harvested cane to processing mills — depends on fuel, so price increases push up all operating costs even as cane selling prices remain stagnantly low.

    Industry leaders across sectors warn that the ripple effects of the fuel crisis are already widespread, inflating costs along every supply chain and putting consistent pressure on household budgets. Without policy intervention to address the price surge, stakeholders emphasize that ordinary consumers will continue to bear the full weight of the ongoing crisis.

  • Woman Killed in Belize City Crossing Philip Goldson Highway

    Woman Killed in Belize City Crossing Philip Goldson Highway

    On the morning of August 27, 2026, a routine crossing turned fatal on Belize City’s Philip Goldson Highway, leaving one woman dead following a collision with a passenger van. The victim has been publicly identified as 53-year-old Erlene Gillett, who was pronounced dead at the accident site just minutes after the crash occurred at approximately 11:10 a.m.

    According to initial statements from the van’s driver to Belizean law enforcement, Gillett unexpectedly halted her movement in the center of the multi-lane highway, leaving the driver with insufficient time to brake or swerve to avoid impact. This account has yet to be fully corroborated by independent forensic investigation. A witness who was present at the time of the incident has come forward with an unconfirmed allegation that the driver was distracted by a handheld cellphone behind the wheel, but authorities note that no definitive evidence has emerged to support this claim, and no criminal charges have been brought against the driver as of Wednesday afternoon.

    Investigators also confirmed that Gillett was not crossing the highway at the designated and marked pedestrian crossing, a detail that will play a central role in the ongoing collision reconstruction. While first responders and traffic investigators worked to document the scene, collect evidence, and clear the wreckage, law enforcement officials implemented a temporary traffic diversion, rerouting all through-traffic onto nearby Coney Drive for just over an hour. The diversion caused minimal widespread delays for morning commuters, according to initial traffic reports.

    Local media outlets report that the investigation remains active and ongoing, with additional updates expected once toxicology reports and collision reconstruction analysis are completed. This breaking news story is developing, and new details will be released to the public as they are verified by law enforcement authorities.

  • Darrel Bradley: Unions’ Reform Demands Requires Culture Shift

    Darrel Bradley: Unions’ Reform Demands Requires Culture Shift

    Dated August 27, 2026, a new discussion around labor advocacy in Belize has emerged following a formal set of demands delivered by the National Trade Union Congress of Belize to the national government. The union confederation is calling for sweeping revisions to how statutory bodies operate, framing these changes as critical to safeguarding workers’ rights and strengthening governance across the country’s public sector. But one prominent Belizean political voice says the current conversation misses a deeper, more foundational requirement for meaningful change.

    Darrel Bradley, a trained attorney and political scientist who was once seen as a promising emerging figure in Belize’s political landscape, has stepped forward to share his perspective on the ongoing labor dispute. In recent years, Bradley has stepped back from the forefront of domestic partisan politics to pursue a doctoral degree in political science based in Canada, a move that has given him a unique analytical lens on the core tensions playing out in his home country. His academic research already centers on the very issues now driving Belize’s labor conflict: good governance, systemic reform, and the risks of unaccountable concentrated political power. He has closely tracked the unions’ campaign and argues that even the strongest political will from the current administration will not deliver the lasting changes workers are demanding.

    In comments recorded for a national evening television broadcast (transcribed in full for this online publication), Bradley laid out his core argument: that legislative reform alone cannot fix deep-seated problems in Belize’s public sector. “What I would say as a wider problem is that we need to create cultural and institutional norms and conventions that create openness in government so that we can have the best laws but the best of laws may also lead to a very inefficient and corrupt system,” Bradley explained. “What we need is a culture of leadership that promotes ethics, that promotes transparency, and promotes character in public office. And if we have that, then I think we would have good laws. It actually starts with that first.”

    Bradley has reviewed the unions’ 11-point reform package in depth, and acknowledges the merit of many of their specific proposals. But he maintains that institutional and cultural change must precede new legislation to create effective long-term governance. “We need to get into a system where there is a value of ethics and integrity in the public service and in the administration of government and in the political space. And that discussion must come first before there is the creation of effective laws or mechanisms to champion good governance,” he said.

    A core gap Bradley identifies is a widespread misunderstanding of the role of political leadership in Belize. He argues that current norms frame top officeholders as sole authorities, rather than the collaborative facilitators they should be. “Because I am the leader, because I am the prime minister, because I am the cabinet, it does not mean that my voice is the most important voice. It means that I am a facilitator. I am a convener of ideas. And I will facilitate the overall development and growth of the economic and political space. That’s actually a very different philosophy and view of what leadership is,” Bradley noted.

    This publication notes that the text above is an exact transcript of Bradley’s televised remarks, with Kriol language portions adapted to a standardized spelling system for readability.

  • BCCI pitches plan to lower consumer prices

    BCCI pitches plan to lower consumer prices

    As Barbados grapples with persistent upward pressure on everyday consumer costs, the island nation’s leading business advocacy group has formally submitted a comprehensive set of policy proposals to the government, centered on restructuring tax and duty calculation for imported goods to drive down retail prices.

    At a recent press briefing, Barbados Chamber of Commerce and Industry (BCCI) President Paul Inniss outlined that the proposal is the result of 12 months of ongoing negotiations with the country’s Minister of Business and Energy, focused on the existing Price Compact initiative, a government scheme designed to stabilize essential goods costs. Unlike preliminary discussions that only explored expanding the range of goods covered by the compact, Inniss noted the chamber’s formal submission goes far beyond incremental adjustments, targeting fundamental changes to how import-related taxes are computed.

    Inniss explained that the BCCI has conducted detailed analysis proving that revising the methodology for calculating duties and other levies on goods entering Barbados would translate directly to lower price tags for end consumers. “We actually were able to demonstrate that there is a way in which the calculation of duties and so forth, on entry to the country can actually result in a direct lower price to the customer,” he told reporters. Talks between the business chamber and government remain ongoing, and the BCCI is also collaborating closely with the Ministry of International Trade to develop additional strategies for reining in accelerating price growth across the country.

    Beyond tax policy adjustments, Inniss emphasized that tackling rising consumer costs requires broader systemic reform of Barbados’ business operating environment. Outdated, inefficient operating processes and unnecessary regulatory friction add billions in unnecessary costs to the national economy each year, he argued. “The first challenge for us in Barbados from a business perspective is the ease of doing business, and the amount of friction, the amount of wastage, the amount of inefficient or very archaic ways of doing business,” Inniss said. The BCCI president added that businesses also face headwinds in driving broader adoption of new innovations across the local economy, a shift that often requires large upfront investments from both public and private stakeholders. Streamlining regulatory processes and cutting bureaucratic waste, he stressed, would directly reduce operational costs that are ultimately passed to consumers. “I think if we can fix that, there’ll be positive consequences around costs. I think we can reduce and take a lot of costs out of how we do business and that will also impact the cost of goods and services,” he added.

    Joining the discussion on sustainable price reduction, Winston Moore, Professor of Economics and Deputy Principal of the University of the West Indies at Cave Hill, highlighted the often-overlooked fundamental connection between workforce and operational productivity, long-term price stability, and national economic growth. Defining productivity as the volume of output generated per unit of labor or capital input, Moore explained that productivity gains directly translate to the ability to offer goods and services at lower price points. “If I can get more output given the same amount of labour or more output given the same amount of capital, that means that I’m essentially more productive. Not only more productive, but I can actually supply that good or service to the consumer at a lower price,” he said. Beyond lower consumer costs, increased productivity also drives expanded economic activity and accelerates overall national growth, creating a positive feedback loop for the Barbadian economy, he added.

    Globally, Moore noted that digital transformation, new technologies and artificial intelligence have emerged as the core drivers of productivity growth for both labor and capital across developed and developing economies. However, he warned that Barbados risks falling behind global competitors if it fails to prioritize investment in new tools and workforce upskilling as technological shifts reshape industries worldwide. “One of the important things we must do as a nation is that we have to make sure that not only are we utilising these technological services, but we’re not falling behind,” he said. To keep pace, he added, the country must allocate sustained investment to workforce training and digital infrastructure, ensuring both local businesses and workers have the skills and resources needed to leverage new technologies for maximum productivity gains. “It needs investing in training, investing in the technology to make sure that our companies and that labour is also trained to best utilise this technology at the end of the day,” Moore said.