The Government of Barbados has just borrowed another US$35 Million from the World Bank – this time for HIV/Aids prevention & control for the next five years.
And that is just fine if the money gets spent as it is supposed to be spent.
The problem with Barbados is that we have no anti-corruption rules or legislation to govern how the money will be spent, and no transparency and freedom of information laws to allow citizens to effectively monitor how their government spends the citizens’ money.
Prime Minister David Thompson refuses to announce as policy that the government will not award contracts to businesses owned by government officials or their immediate family.
How much of the taxpayers’ US$35 million will be used as intended?
Perhaps a better question would be… Without freedom of information laws, how could a citizen know one way or the other how the money is being spent or misspent?
Press Release: Barbados Government Borrows US$35 Million From World Bank