The new July 1 retail fuel prices are not adding up. Having read about them here and here, and having looked back at my own historical fuel price data, as well as the text of PM Mottley’s mini-budget speech, I will argue that something is not adding up, and here it is: The last fuel price change…Read More Barbados Fuel Tax Takes Effect July 1, New Fuel Prices Do Not Add Up
Dr. DeLisle Worrell, former Governor of the Barbados Central Bank, has just circulated, via email, his latest article on how the retrenchment of public sector workers benefits the economy. The full article appears below (reprinted with permission). How the Retrenchment of Public Servants Benefits the Economy The proposed retrenchment of public sector workers, which is…Read More Former Central Bank Governor on the Benefits of Public Sector Retrenchment
iMarketsLive recently held events in Barbados and Trinidad. From what I understand, the Barbados event had a huge attendance (several hundred, possibly thousands from what I remember hearing). This piqued my interest in iMarketsLive itself. Who is iMarketsLive and was this a potential scam in the making? In this post I will refrain from answering…Read More Is iMarketsLive A Scam?
Full Press Release: Press Release No. 18/239 FOR IMMEDIATE RELEASE June 15, 2018 IMF Staff Concludes Visit to Jamaica End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent…Read More IMF Staff Issue Concluding Statement on Jamaica Following June 11 to 15 2018 Visit
Effective midnight Sunday June 10 Barbadian consumers will be paying more money at the pump for gasoline and diesel. The retail price of gasoline will move from $3.40 BDS per litre to $3.60 an increase of 20 cents, or 5.9%. Diesel will move from $2.61 BDS per litre to $2.80 an increase of 19 cents,…Read More Barbados Fuel Price Change June 2018