From mid-night October 7 (October 8) consumers paid less for gasoline and more for diesel. The retail price of gasoline dropped from $3.91 BDS per litre to $3.89, a decrease of two cents, or -0.5%. Diesel increased from $3.14 BDS per litre to $3.20, an increase of six cents, or +1.9% (Source: Barbados Government Information…
Read More Barbados Fuel Price Change October 2018Full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – October 2018 newsletter: There is a Second Opinion on the Health of the Barbadian Economy In November last year I published a diagnosis and prescription for the economy in The Barbados Economy: The Road to Prosperity, which you may…
Read More DeLisle Worrell: Second Opinion on Barbadian EconomyPress Release No. 18/370 FOR IMMEDIATE RELEASE October 1, 2018 IMF Executive Board Approves US$290 Million Extended Arrangement Under the Extended Fund Facility For Barbados The IMF supported program aims to help Barbados: restore debt sustainability, strengthen the external position, and improve growth prospects. Approval of the program allows for the immediate disbursement of about…
Read More IMF PR – Barbados: IMF Executive Board Approves US$290 Million Extended Arrangement Under the Extended Fund FacilityFive Takeaways from the 2019 Trinidad & Tobago Budget 1. Revenue and Expenditure Budget for 2019 at $47.7Bn TTD and $51.7Bn TTD respectively. 2. Super Gasoline price increase from $3.97 TTD to $4.97 TTD per llitre. 3. Economy forecast to grow by 1.9% in 2019. 4. Government will spend $2.6Bn TTD in severance packages for…
Read More Five Takeaways From Trinidad & Tobago Budget 2019The U.S. Geological Survey (USGS) is reporting a 5.4 magnitude 67KM ENE of Martinique. The earthquake occurred just after 8:30 AM at a depth of 37KM. See full details here.
Read More Magnitude 5.4 Earthquake off MartiniqueMore details on USGS Event Page
Read More Magnitude 4.6 Earthquake – Leeward IslandsPress Release No. 18/356 FOR IMMEDIATE RELEASE September 25, 2018 IMF Executive Board Concludes 2018 Article IV Consultation with Trinidad and Tobago On August 31, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Trinidad and Tobago and considered and endorsed the staff appraisal without a meeting. [2] Executive Board Assessment…
Read More IMF PR – Trinidad and Tobago: IMF Executive Board Concludes the 2018 Article IV Consultation