Economy

Barbados must overhaul its tax system or risk falling behind in the global economy, a key figure in the nation’s leading accountancy body warned on Friday.   Jason King, who …

• Opposition Leader slams $5.13 billion budget as a cycle of reckless borrowing and high taxes • Debt repayments to rise to $1.76 billion, threatening funding for essential public services …

Trade unions are gearing up for talks over public sector pay, with calls for wage increases amid reports of robust economic growth. The move comes as the current contract nears …

Barbados’ post-COVID economic rebound has entered new territory, growing by four per cent in 2024, surpassing the global average and marking 14 consecutive quarters of expansion, the Central Bank said …

Barbados has met all its quantitative performance and indicative targets under the current International Monetary Fund (IMF) programmes, but concerns remain about the country’s global competitiveness and business facilitation environment, …

Barbadians are increasingly turning to short-term loans to finance their holiday celebrations, with one leading microlender reporting a 17 per cent surge in demand compared to last year, highlighting the …

Growing debt and the implications for future generations have sparked warnings from top economists, who urged a national conversation on the terms and consequences of the nation’s borrowing.   With …

Despite the mounting cost of living pressures, the Ministry of People Empowerment and Elder Affairs reports no significant uptick in Barbadians seeking financial or welfare assistance, according to Minister Kirk …

In a radical bid to rewrite the financial narrative of an entire generation, the Barbados Entrepreneurship Foundation (BEF) is pioneering a radical financial literacy programme that goes far beyond traditional …