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Category Archives: Barbados Economy

What is Barbadians NOT Being Told about the External Debt Restructuring Agreement?

Posted on November 10, 2019 by David 44 comments

The following was posted as a comment to the Central Bank of Barbados Review of the Economy: January to September 2019 blog by Walter Blackman, Actuary and son of the soil in reply to the following by the blogmaster: @John A, Walter, Northern Observer et al, You guys read this document?” https://barbadosunderground.files.wordpress.com/2019/10/launch-press-release-.pdf So far, we have been provided information on the

Barbados Economy

Central Bank of Barbados Review of the Economy: January to September 2019

Posted on October 29, 2019 by David 138 comments

Governor Cleviston Haynes delivered the Central Bank of Barbados’ review of Barbados economic performance in the first nine months of 2019 and took questions from members of the media. September Press Release.pdf (3.98 MB)

Barbados Economy

US Dollars Needed, Not Barbados Dollar Savings in Order to Invest

Posted on October 6, 2019 by David 109 comments

Reproduced with permission, the full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – October 2019 newsletter: One often hears the comment that there are hundreds of millions of dollars of idle funds at commercial banks that ought to be directed to investment projects to create employment and grow our economy. However, we need

Economic Review of Economy – January to June 2019

Posted on August 10, 2019 by David 136 comments

Governor of the Central Bank of Barbados Cleviston Haynes delivers the Central Bank of Barbados’ review of Barbados economic performance in the first half of 2019 and takes questions from members of the media. Central Bank Website Click to read text of Barbados Review of the Economy January to June 2019.

Barbados Economy

Barbados Economic Recovery and the Falling Pound

Posted on July 31, 2019 by David 206 comments

Benidorm in Spain was a small fishing village, then the big boy’s moved in the Spanish Govt rubbed their hands €€€€€€€€/ now look at it. Barbados a wonderful little golden island in the sun and the big boys are wanting to move in, Gov’t is the $$$$$/ €€€€€€or ££££££so important that you become the concrete Benidorm of the Caribbean, LET

Does White Oak Have a Plan B?

Posted on July 25, 2019 by David 322 comments

The Mia Mottley government forced a debt restructure on locals holding bonds. The government boasted about the speed it was completed although truth be told it was a Hobson’s choice. On the other side of the debt restructuring transactions the external bond holders have so far been nettlesome at the negotiating table. Approaching 18 months and there appears to be

Barbados Economy

Worrell Recommends Dollarization

Posted on July 13, 2019 by David 116 comments

Thanks to fellow blogger at caribbeansignal.com for reminding the BU blogmaster to continue focus on the economy. The controversial former Governor of the Central Bank continues to push a line of argument about the advantages of dollarizing the economy. Discuss for 10 marks – David, blogmaster DeLisle Worrell: Sovereignty and the US Dollar Source: DelisleWorrell.com Reproduced with permission, the full

Barbados Economy

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