PRIME MINISTER FREUNDEL STUART says he is looking for a humane way to solve the pension issue.

The Barbados parliament automatically dissolved pursuant to the constitution on Monday without Prime Minister Freundel Stuart announcing a date for general elections, which are due by June.

The lack of a firm election date has created a stir and some are calling it folly, while others say it hinders investment opportunities.

Director at the Caribbean Development Research Services (CADRES), Peter Wickham, called the move “folly” and a gross error in judgement on the part of the Stuart administration, because not only does it create confusion, but also paints Stuart’s party, the Democratic Labour Party (DLP) in a very precarious position when campaigning and speaking with prospective voters.

According to Caribbean News Now, Managing director and chief executive officer of Republic Bank (Barbados) Limited, Anthony Clerk, said potential investors had pulled back and were in a “wait-and-see” state as they await the call for a specific date for the upcoming general elections.

No timeline in between the 90 days when the election must be called was given, which means that an election date may be called at any time within the next three months.



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