Economy Archives - Page 38 of 38 - Barbados Today

Category: Economy

$33m. less owed

worrell: government’s indebtedness reduced to 77 per cent gdp
There has been a reduction in the indebtedness of the Barbados Government to the tune of $33 million.
Governor of the Central Bank of Barbados, Dr. Delisle Worrell, said earlier this

$63m. shortfall

bim records substantial drop in foreign exchange reserves
Barbados has recorded a $63 million decline in its foreign exchange reserves.
In making the announcement in his half-year economic review this afternoon, Governor of the Central Bank of B

Hard times to continue

Barbadians are being warned to brace for continued economic difficulties for the rest of the year, with the spectre of the country’s “precious” foreign exchange rate coming under threat.
In his review of the local economy for the first half of the y


imf’s idea to devalue currency won’t work for bim, says central bank governor
by Emmanuel Joseph
Barbados has rejected “notions” by the International Monetary Fund and rating agencies that it should devalue its currency as a strategy for growth

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