{"id":52693,"date":"2019-08-21T18:03:33","date_gmt":"2019-08-21T22:03:33","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=52693"},"modified":"2019-08-21T18:11:24","modified_gmt":"2019-08-21T22:11:24","slug":"liat-sale-may-not-hurt-economy-central-bank","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/liat-sale-may-not-hurt-economy-central-bank\/","title":{"rendered":"LIAT sale \u2018may not hurt economy\u2019 \u2013 Barbados Central Bank"},"content":{"rendered":"
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(Barbados Today)<\/p>

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Central Bank Governor Cleviston Haynes is not predicting any harm to the economy should Barbados give up its majority shareholding in regional airline LIAT. <\/span><\/p>\n

But as the Government offers its shares in the cash-strapped carrier to fellow shareholder, Antigua and Barbuda, Haynes appeared keen to see a sound footing for the airline which brings most Eastern Caribbean travellers here.\u00a0<\/span><\/p>

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He told journalists: \u201cWhat needs to be resolved at the regional level is what structure LIAT is going to have going forward. <\/span><\/p>

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\u201cI don\u2019t envisage that there should be any negative impact from Barbados reducing its ownership share, but what is important for us is to make sure that we have a regional airline that can work efficiently for the benefit of the entire region.\u201d<\/span><\/p>\n

Barbados is seeking to give up most of its almost 50 per cent stake in the regional airline to its neighbour Antigua and Barbuda, which currently holds about a 34 per cent share.<\/span><\/p>

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The governments of St Vincent and the Grenadines and Dominica are the other two shareholders in the Antigua-based island-hopper.<\/span><\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

(Barbados Today) Central Bank Governor Cleviston Haynes is not predicting any harm to the economy should Barbados give up its majority shareholding in regional airline LIAT. But as the Government offers its shares in the cash-strapped carrier to fellow shareholder, Antigua and Barbuda, Haynes appeared keen to see a sound footing for the airline which […]<\/p>\n","protected":false},"author":3,"featured_media":2156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-52693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nLIAT sale \u2018may not hurt economy\u2019 \u2013 Barbados Central Bank - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/liat-sale-may-not-hurt-economy-central-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LIAT sale \u2018may not hurt economy\u2019 \u2013 Barbados Central Bank\" \/>\n<meta property=\"og:description\" content=\"(Barbados Today) Central Bank Governor Cleviston Haynes is not predicting any harm to the economy should Barbados give up its majority shareholding in regional airline LIAT. 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