Barbados economy records 3.9 per cent growth despite challenges Sandy Deane30/10/202401.8K views The Barbados economy posted 3.9 per cent growth for the first nine months of the year, defying global economic pressures and the adverse impact of Hurricane Beryl. Central Bank Governor… Read more
Foreign investment target amid nation’s highest-ever innovation ranking Shanna Moore25/10/20240888 views Barbados needs to attract up to US$3 billion ($6 billion) in annual foreign direct investment to achieve ambitious economic growth targets of six to seven per cent, the Minister in… Read more
PM: Middle-income nations risk becoming poor again Emmanuel Joseph24/10/202401.4K views Prime Minister Mia Mottley has warned that middle-income countries like Barbados risk “becoming poor countries again” without an urgent increase in special drawing rights (SDRs) to help vulnerable nations weather… Read more
Mottley urges Barbadians to invest in nation’s economic future Shanna Moore19/10/202401.9K views Prime Minister Mia Mottley on Friday exhorted Barbadians to invest in homegrown projects, pool their resources, and seize opportunities for ownership as she toasted a new upscale development on the… Read more
Barbados awaits verdict from top credit rating agencies Emmanuel Joseph13/09/202402.5K views In the coming month, one of the three top rating agencies in the world will deliver its verdict on Barbados’ credit rating, Governor of the Central Bank of Barbados Dr… Read more
IMF team preps for comprehensive economic review Emmanuel Joseph10/09/202401.7K views An International Monetary Fund (IMF) team has set the stage for a comprehensive review of the Barbados economy, set to begin on November 1. The preliminary check-in involved a series… Read more
PM Mottley welcomes new IMF appointment for Jamaica’s finance minister Sandy Deane27/08/202401.9K views Prime Minister Mia Mottley has hailed the appointment of Jamaica’s Finance Minister Dr Nigel Clarke as the new deputy managing director of the International Monetary Fund (IMF), saying that “this… Read more
An assessment of the economic report of the Governor of the Central Bank of Barbados Barbados Today21/08/202401.6K views On Wednesday, January 31, 2024, Dr Kevin Greenidge, Governor of the Central Bank of Barbados, presented the economic report on the performance of the economy for 2023. Despite Dr Greenidge… Read more
‘No More Knee Jerk Reaction to Cost of Living Crisis’ Shamar Blunt20/08/202401.8K views The consumer watchdog, Barbados Consumer Empowerment Network (BCEN) has accused the government of adopting “quick fixes” to the mounting cost of living crisis, arguing that this lacklustre approach is having… Read more
Central Bank of Barbados stands by its economic reviews Sandy Deane17/08/202402.6K views In response to a letter published in the Saturday Sun on August 17 questioning the Central Bank of Barbados’ economic report and analysis, the Bank reiterates its unwavering commitment… Read more