(Barbados Nation) Government, with Prime Minister Freundel Stuart and Minister of Finance Chris Sinckler at the forefront, is coming to the rescue of the cash-strapped University of the West Indies (UWI).
Principal and Pro Vice-Chancellor Sir Hilary Beckles said he had met over the last few days with Stuart and Sinckler, and they had given the assurance that Government would be coming to the aid of the university that has a staggering debt surpassing its operational costs.
Speaking yesterday evening at a matriculation ceremony at the Roy Marshall Teaching Complex to launch the new semester, Sir Hilary said Government had made a commitment to the university to which it owes B$150 million.
“[Stuart and Sinckler] have given us assurances and they have made commitments to us that we must enter into this semester with confidence and courage, because arrangements are being put in place to ensure that this campus and university are financially alleviated in the next few weeks and in the next few months.
