We are pleased to share our highlights of Barbados Budget 2025. The Budgetary Proposals and Financial Statement 2025 was read on March 10, 2025, by Minister in the Ministry of Finance, Economic Affairs and Investment, Minister Ryan Straughn.
In his delivery, Minister Straughn underscored the point that the Government of Barbados embraced a Mission-Oriented Approach to Governance via the Barbados Economic Recovery and Transformation (BERT) Programme 3.0.
In this commentary, several key aspects of the proposed fiscal measures are explored.
The missions:
1. Climate resilience
2. Social cohesion
3. Food & water security
4. Public health and safety
5. Worker empowerment
6. Digital inclusion
Should you require additional clarification or wish to discuss, do not hesitate to contact our dedicated tax team members.
