Category Archives: Barbados Economy

Prosperity May Be Restored, With the Right Policy Mix

Thank to assist Amit @caribbeansignal.com– David, blogmaster Source: DelisleWorrell.com As we embark on the third decade of the 21st century, Barbadians look to our economic prospects with a mixture of hope and trepidation. Our hopes are grounded in our economy’s inherent strengths: our highly regarded tourism services, good transport and communications, reliable public services, and our resourceful and well educated

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Barbados Reform Agenda Threatened by Anaemic Growth

Detailed in the recent IDB Caribbean Region Quarterly Bulletin – Volume 8, Issue 4| December 2019 is a cautionary tale.  Barbados continues to meet all targets as part of the IMF Extended Fund Facility and Barbados  Economic Recovery and Transformation plan  – the objective to achieve fiscal consolidation. HOWEVER the other story to be received from the IDB report is

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IDB Highlights Barbados’ Crumbling Infrastructure

The IDB Caribbean Region Quarterly Bulletin: Volume 8, Issue 3: September 2019 was recently released and the review of Barbados is found at page 7 of the report. The conclusion of the report: Underpinning growth constraints in Barbados is the need to invest in infrastructure. The worsening quality of infrastructure indicators reflects an aging capital stock and declining infrastructure investments.

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

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

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

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

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