Government will be moving forward with plans to decriminalise illegal vending in this country, and will also be taking steps to further improve the physical conditions under which vendors ply their trade.
The assurance has come from Governor General, Dame Sandra Mason. Delivering the Throne Speech earlier this week, she revealed that Government is “resolved that the vendors of Barbados must have a new deal”. According to Dame Sandra, this will include refurbished markets and the construction of new areas for vending, including Fairchild Street, Brandons, Baxter’s Road and Temple Yard, as well as a number of community vending facilities. She said that in fact, much of this work has started.
Her comments came as she stated that a new piece of legislation will put an end to the criminalisation of vendors for breach of licences. She made the point while noting the legislation to be put in place will also regulate vending to ensure there is “no mayhem and disorder”. Additionally, she announced plans to provide enhanced access to credit for vendors,
by recapitalising Fund Access with $20 million and the Trust Loan Programme with an additional $10 million. The Governor General explained that these funds are in addition to benefits already received by small businesses for job subsidies in a programme being administered by Fund Access.
She further stated that Government will provide low-cost financing assistance for farmers to aid them in their quest to feed Barbadians. She stated that a low-rate financing initiative of between 1.5 to 2.5 per cent will be offered under special conditions through the Co-operative Society Investment Fund.
“These funds will be made available to farming and food producer co-operatives and their members, to assist them in purchasing much-needed raw materials and equipment. The package will target the growth and development of six key priority sectors, namely renewable energy; agribusiness; health and wellness; creative industries; tourism-related businesses and manufacturing,” the Governor General added.