Barbados

Press Release No.18/460 FOR IMMEDIATE RELEASE December 7, 2018 IMF Staff Concludes Visit to Barbados 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 the views of the…

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Full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – December 2018 newsletter: The Threat of Barbados Dollar Devaluation Remains Prime Minister Mottley’s unprecedented achievement in securing financial support from the IMF, the Interamerican Development Bank and the Caribbean Development Bank, has averted an imminent threat of devaluation. However,…

Read More DeLisle Worrell: The Threat of Barbados Dollar Devaluation Remains

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…

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Full 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…

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Press 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…

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