Ramon Small-Ferguson, CEO of Barita Investments
CEO of Barita Investments, Ramon Small-Ferguson, says although the debt to GDP ratio has fallen to 68%, the government and the private sector need to collaborate to develop a set of policy measures to drive investments in the real sectors of the economy.
He argues that it is the absence of these measures that is leading to the steep fall in aggregate demand or total spending and by extension corporate profits.
Barita's profit tumbled by 55% to $625.7 million during the second quarter of this year compared with a similar period last year.
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