The highly anticipated meeting of the Social Partnership got underway just after the scheduled 9 a.m. start at the Hilton Barbados Resort.
In an unprecedented move, the meeting chaired by Prime Minister Freundel Stuart, is being televised live.
Joining the PM at the deliberations are Government ministers, including Finance Minister Chris Sinckler, Labour Minister Senator Esther Byer Suckoo, and Attorney General Adriel Brathwaite, and other officials.
A number of private sector associations are represented, namely the Barbados Private Sector Association, the Barbados Chamber of Commerce and Industry, the Small Business Association, the Barbados Hotel & Tourism Association and more.
Also present are representatives from the Congress of Trade Unions and Staff Associations of Barbados (CTUSAB), the Barbados Workers Union (BWU), the National Union of Public Workers (NUPW), the Barbados Secondary Teachers Union (BSTU), and the Barbados Union of Teachers (BUT).
As outlined by the Prime Minister, the agenda will be as follows:
Opening statements by the leaders of the Social Partnership
Issues of concern
Statement by the Central Bank Governor
Statement by Director of Finance & Economic Affairs
Dialogue of issues of concern
Dialogue of issues of concern continues
Closing remarks from BPSA, CTUSAB, BWU, Chairman
The trade union movement and the private sector have been pushing for the last two months for government to engage them in serious discussions about the state of the country’s economy.