Halloween is now a main feature in Barbadian society but the practice of trick or treat where children move go from house to house to either witness a trick or collect a treat is almost non-existent; until the recent budget speech given by the Minister in the Ministry of Finance.
Trick
The Minister highlighted years of borrowed debt and years of debt repayments which looked like Barbados is doing well financially but all is not well. Barbados is still deep in debt and more money will be borrowed throughout the course of 2025.
Treat
Government is removing vat from goods such as minced meat, horlicks and certain fruits. Certainly a treat. In effect, government has increased the amount of goods that are vat free but what about making healthy foods (other than fruits) cheaper for the Barbadian public?
Trick
Six new hotels are being built which will provide employment for thousands. Unfortunately, there are slow seasons every year in the hotel industry and many of those persons will be laid off for a time until the season picks back up. Furthermore, how many hotels can Barbados’ fragile infrastruture handle?
Treat
Many individuals will receive a one time $300.00 payment after meeting certain requirements as contributors to NIS. This $300.00 payment is similar to the candies given away during Halloween. Inexpensive to give and readily accepted by the children.
Trick or Treat?
Any amount of extra money is good but reality teaches us that no one gives away anything for free, especially a government that is always strapped for cash. No matter how many pretty words and incentives were given, it is still a Trick or Treat Budget and in true Halloween style, they are playing dress up with Barbadians.