Category Archives: Barbados Economy

Open Letter to Financial Institutions – What is the COVID-19 Plan?

  As the COVID-19 cripples world transportation, many areas will be severely affected…. these include Food, the opportunity to work & earn money, etc…… I would like our PM & her Government to engage the business sector/others and begin planning on methods to reduce the economic impact on the population: Banks, Credit Unions, etc. to reduce/suspend for a period of

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Barbados Post COVID -19

  [We’re] not having a Budget or anything soon because it is just too fluid [blogmaster’s emphasis] . . . The budget was not intended to have any new taxes and therefore there is no reason for an immediate budget and we therefore will wait and see,” Mottley told media managers during a meeting yesterday at Government Headquarters. Source: Mottley:

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IMF on Barbados’ 2018–19 Sovereign Debt Restructuring

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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Prosperity May Be Restored, With the Right Policy Mix

Thanks for the assist Amit– David, blogmaster Source: 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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