Gov’t’s borrowing is scary – Howard Barbados Today30/09/20220311 views Barbados is in a serious debt trap and the sooner government is willing to admit this and come up with a strategic development plan, the better. This is the view… Read more
Time against the region; new deal needed – CDB president Marlon Madden24/09/20220282 views Barbados and the rest of the region are running out of time to build more resilient economies “for the sake of current and future generations”. The effort will require a… Read more
Older, sicker population could spell peril for economy Marlon Madden09/07/20220554 views It is estimated that in the next 28 years about half of Barbados’ population will be over the age of 65, and one development management specialist is warning that this… Read more
Economist says adding to high debt could imperil generations Marlon Madden01/07/20220312 views Barbados’ debt position is back where it was prior to the painful debt structuring in 2018 but there is only a glimmer of hope since Government is in a better… Read more
Economists debate tackling the cost of living crisis Barbados Today06/06/20221547 views Economists on Sunday shared mixed views on how Government should tackle rising fuel prices and the high cost of living. Economist Jeremy Stephen proposed a reduction of the Value Added… Read more
Digital currency coming for Barbados, rest of region Marlon Madden04/06/202221.1K views Barbados will be one of the first two Caribbean countries in which a digital currency is to be rolled out. Officials say this digital currency will help to foster economic… Read more
Barbados tops ‘economically-free’ countries in the region Marlon Madden24/05/20221449 views The Barbados economy is now ranked “mostly free” with an overall score of 71.3 out of 100 and a ranking of 28th freest out of 177 countries in the latest… Read more
Decision to be made soon on new IMF programme Barbados Today14/05/20221262 views Government will decide in the coming months if it will enter into another International Monetary Fund (IMF) programme. Prime Minister Mia Mottley made the disclosure yesterday at the end of… Read more
Prime Minister outlines achievements despite challenges Barbados Today14/05/20220356 views Prime Minister Mia Mottley has defended her government’s position in suspending its debt prior to the start of the COVID-19 pandemic. Mottley was addressing the media at a wrap-up meeting… Read more
Barbados economy on the road to recovery, IMF gives positive report card Barbados Today13/05/20220393 views The International Monetary Fund (IMF) Friday said economic activity in Barbados is starting to recover from the coronavirus (COVID-19) pandemic and that a gradual economic recovery started last year. An… Read more