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OECD issues being fixed - Barbados Today

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Officials in the global business sector are being assured that all issues that could hinder Barbados’ chance of receiving a passing grade from the Organisation for Economic Cooperation and Development (OECD) as it relates to the exchange of information have been addressed.This assurance has come from Minister of Business Development Kerrie Symmonds, as he spoke during a Barbados International Business Association (BIBA) business luncheon on Wednesday at the Savannah Beach Club.Providing an update to the industry officials, Symmonds said a critical piece of the puzzle had been implemented and the necessary exchange of information was already taking place.“The OECD, our friends, had given us a very clear indication that we would incur their displeasure if 2019 assessments had not been completed by the end of September 2022 and 2020 assessments completed by December 31st 2022. I want to say that all issues that could potentially hamper the effective assessments and exchanges of information have been treated to,” said Symmonds.

Source: Barbados Today - News You Can Trust.

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