Straughn calls on stakeholders to contribute to economic progress Aguinaldo Belgrave08/06/202401.7K views Minister in the Ministry of Finance and Economic Affairs Ryan Straughn believes Barbados is making steady progress towards achieving its economic targets for 2030, but has underscored the critical importance… Read more
Barbados gets $3/4M UK loan for climate resilience drive Aguinaldo Belgrave07/06/202402.2K views Barbados has gained a significant low-cost loan from the British government amounting to three-quarters of a billion dollars to bolster its climate resilience efforts and economic sustainability ambitions, Minister in… Read more
Governor: Growth in first three months signals full pandemic recovery Emmanuel Joseph01/05/202401.8K views The receipts are in and a record-setting winter tourist season has boosted the Barbadian economy by 4.1 per cent from January to March, marking an “unprecedented” run of expansion for… Read more
BWU ‘making progress’ in mission economy drive Emmanuel Joseph27/04/202401.1K views The island’s largest private sector trade union has reported progress in achieving the six objectives of the Declaration of Mission Barbados signed on Labour Day last year. The declaration, endorsed… Read more
BNOCL industrial action leads to deal on workers’ issues Emmanuel Joseph26/04/202401.5K views A brief work stoppage at the state-owned Barbados National Oil Company Ltd (BNOCL) on Thursday prompted a multi-prong agreement in which the workers are to receive long-awaited back pay next… Read more
PM, UN deputy chief highlight SIDS debt restructuring challenges Shamar Blunt20/04/202401.8K views Prime Minister Mia Mottley and United Nations Deputy Secretary-General Amina Mohammed have raised concerns about the difficulties Small Island Developing States (SIDS) face in restructuring debt while providing essential services.… Read more
World Bank: Barbados growth projections dip below 4.0 per cent Brittany Brewster11/04/202403.5K views The World Bank slightly lowered its 2024 growth forecast for Barbados to 3.7 per cent in its regional economic outlook released on Wednesday, compared to 4.0 per cent outlined in… Read more
Government vows to take fisheries sector to higher heights Sheria Brathwaite31/03/202402.2K views The Ministry of Environment, National Beautification and the Blue and Green Economy has pledged to partner with the fisherfolk of Barbados to ensure the fisheries sector remains a viable stream… Read more
Experts call for manpower, policy fixes to boost economy Sasha Mehter28/03/202401.4K views Three economic and business experts have said Barbados needs to tackle manpower shortages and skills gaps to achieve inclusive and sustainable economic growth. Central Bank Governor Dr Kevin Greenidge, the… Read more
Bankers Association optimistic ahead of Budget Barbados Today17/03/202401.9K views The Barbados Bankers Association is expressing optimism ahead of Monday’s Budget presentation. Speaking on behalf of the Association, CIBC’s Managing Director for Barbados and the Eastern Caribbean, Donna Wellington… Read more