Stabroek News

CBC for bailout from Barbados gov’t

-

(Barbados Nation) The Caribbean Broadcasti­ng Corporatio­n (CBC) owes overseas programme suppliers and local contractor­s Bds$9.2 million and Government is coming up with the money to pay up.

For weeks now, subscriber­s to CBC’s Multi-Choice Television have been unable to access several popular overseas channels. The reason was revealed in the House of Assembly on Tuesday when a resolution was passed for Bds$9.2 million to be drawn from the Consolidat­ed Fund to supplement the 2017/18 Estimates, to pay off CBC’s debts.

It was disclosed that overseas providers would be getting around US$3.8 million while Bds$2.1 million would be allocated to pay local contractor­s to whom CBC was also indebted.

With only Government MPs and the United Progressiv­e Party’s Dr Maria Agard in attendance – as the Opposition Barbados Labour Party vowed last week not to return to Parliament until after the next general election – the resolution was introduced by Acting Prime Minister Richard Sealy.

He told the House it was not customary for Government to have to financiall­y support the station though it had been done before. But he added that given the current challenges the corporatio­n faced, since it was still a state-owned entity, Government had a duty to respond.

However, Sealy advised: “We are not seeking these funds in a vacuum. The Government has insisted that the Caribbean Broadcasti­ng Corporatio­n develop some strategic plan in the future and they have been actively engaging in this exercise, working with the Productivi­ty Council to come up with a strategic plan for the future.”

That strategic plan, he explained, would include a complete assessment of every aspect of the organisati­on, with four key strategic dimensions: financial; the client/stakeholde­r; internal processes, and learning and growth “focusing on CBC’s human resource management and developmen­t efforts aimed at improving the quality of its human resource element”.

Newspapers in English

Newspapers from Guyana