The Central Bank of Barbados wishes to advise that following discussions with RBC Royal Bank, RBC has confirmed that effective January 12, 2024, it will no longer charge its …
Economy
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Prime Minister Mia Mottley is advocating for an agreement that would enable Small Island Developing States (SIDS) to temporarily halt debt repayments in the aftermath of a disaster or crisis. …
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Barbadians can expect lower prices for poultry at a number of special outlets starting this week, as the Government continues to put measures in place to help Barbadians better cope …
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As Barbados was placed until tropical storm watch on Wednesday, Canada offered to pause debt repayments for Caribbean countries hit by natural disasters. Prime Minister Justin Trudeau made the announcement …
- CARICOMEconomyLocal News
Excess liquidity in banks should be channelled towards green energy transition, says Greenidge
By Emmanuel Joseph The Barbados Central Bank Governor is suggesting that local and counterpart institutions need to focus on directing the “abundant” cash in commercial banks towards green initiatives. Dr …
- BusinessCARICOMEconomyNews
Central Bank Governor outlines five-part strategy for sustainable economic expansion
By Emmanuel Joseph Central Bank Governor Dr Kevin Greenidge has proposed a five-pronged economic model for sustainable inclusive growth that he wants to see implemented by Barbados and other Caribbean …
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- BusinessEconomyLocal NewsNews
Private sector says too early to say how electricity disruption hurt their pockets
Electricity was restored to Barbados Light and Power Company (BLPC) customers by late Thursday night after an island wide power outage caused major disruption and dislocation to home, business and …
- BusinessEconomyLocal NewsNews
Gov’t moves to get back lands used as collateral to settle CLICO claims
The Government is renegotiating the return to local ownership, lands which were used as collateral under the previous Democratic Labour Party (DLP) administration to settle millions of dollars in insurance …
- EconomyLocal NewsNews
Auditor General calls for greater efficiency in management of tax refund process
By Marlon Madden The latest Auditor General’s report has uncovered a number of discrepancies within the operations and administrative activities of the Government’s central revenue collection agency. In his latest …