Central Bank of Barbados Economic Review of 1st Quarter 2017
The latest review of the Barbados economy revealed that the Barbados economy grew by approximately 2% in the first quarter of 2017. Foreign reserves rose to $705.4 million but remain below the benchmark of 12 weeks. Overall, the Barbados economy has recorded gains in addressing some of its economic issues, but challenges remain (CBoB).
After publishing the review, Acting Governor, Cleviston Haynes spoke with the media about Barbados’ economic performance in the first quarter of 2017 (CBoB).