The following is an extract from the Barbados’ 2018–19 Sovereign Debt Restructuring–A Sea Change? uploaded to the IMF website this evening (21/02/2020) – David, Blogmaster VII. LESSONS LEARNED AND CONCLUSION Barbados’ 2018-19 debt restructuring has made an important contribution to restore debt sustainability. It has reduced public debt and put it on a clear downward trajectory. To ensure that it
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The Barbados economy must grow and many have been asking where is the growth plan. At a recent Barbados Chamber of Commerce luncheon the prime minister identified several private and public sector projects expected to fuel economic activity in the short term. The Nation newspaper editor has done a fair job capturing what the prime minister shared last week.
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Thanks for the 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
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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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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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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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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)
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