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It also provides other functions such as revenue and cashiering for the Barbados Licensing Authority and the Customs Department respectively. It was established on April 1, 2014, by the Barbados Revenue Authority Act, 2014-1 [ 2 ] as a merger between Inland Revenue and Land Tax Departments and the Value Added Tax (VAT) & Excise Divisions of the ...
Barbados Constitution (Fourth Amendment) Act, 1995 (No. 2 of 1995) [10] - Inserts a new section 112A on remuneration of public officers and soldiers which provides that the salaries and allowances payable to the holders of offices established under the Civil Establishment Act and the Defence Act shall not be altered to their disadvantage.
The Ministry of Foreign Affairs and Foreign Trade of Barbados is a key Barbadian government agency responsible for regulating, maintaining, and developing Barbados's external relations and the nature of trading with foreign countries.
The government has been chosen by elections since 1961 elections, when Barbados achieved full self-governance.Before then, the government was a Crown colony consisting of either colonial administration solely (such as the Executive Council), or a mixture of colonial rule and a partially elected assembly, such as the Legislative Council.
The Barbados Postal Service (B.P.S.) is the national postal operator of Barbados and operates as a department within the Government of Barbados where it reports to the Ministry of Home Affairs. [ 2 ] [ 3 ] The Barbados Postal Service (B.P.S.) is headed by the acting Postmaster General, Sheila Greaves, who is responsible for maintaining the ...
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Barbados' recent policy has been to focus and strengthen ties with nations that country feels will enhance its diplomacy or foreign trade. Barbados has sought to engage in multilateral diplomacy through the United Nations , the Caribbean Community (CARICOM), the Association of Caribbean States (ACS), the group of ACP countries , the ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...