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Jun 30, 2020

PM Preempts C.C.J. Ruling; He is Chided for Those Remarks

Dean Barrow

PM Barrow told reporters that they need not seek a response from him in respect of the outcome of the B.I.S.L. appeal.  He famously said, “I am telling you from now: won’t pay, can’t pay.” Here is that clip once again, in the context of today’s decision.

 

Prime Minister Dean Barrow [File: June 26th, 2020]

“…which I can say from now, if it goes against me and sometimes like the Peace of God, but clearly completely secular way, the reasoning of the C.C.J. passeth all understanding. So anything can happen. But what you were talking about earlier, with respect to force majeure—vis-à-vis, the bondholders—and I am saying if we ultimately reach the point where they didn’t give us the terms we are asking for by way of renegotiation, it will be a matter we can’t pay, won’t pay. Likewise, whatever judgment comes…sorry, if the judgment goes against us, you don’t need to ask me for a reaction on Tuesday. I am telling you from now: won’t pay, can’t pay. End of story.”


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