Economy

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 …

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 …

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 …

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 …

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. …

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 …

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 …

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 …

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 …