debt

Highlights from this evening’s IMF statement: IMF Team Leader Bert van Selm: “Barbados is in a precarious economic situation. International reserves have dwindled to US$220 million, while central government debt is unsustainable. The fiscal deficit has decreased over the last few years but remains large, at about 4 percent of GDP in FY2017/18. Meanwhile, the…

Read More MIA WATCH: IMF Issues Concluding Statement Following June 5-7 Barbados Visit

The Barbados Government today announced the appointment of White Oak Advisory as its financial advisor in the context of debt restructuring. Some facts about White Oak Advisory: The firm is based out of London and lists as its principals: Sebastian Espinosa (Managing Director) and David Nagoski (Executive Director). White Oak bills itself as “the world’s…

Read More MIA WATCH: Some Facts About White Oak Advisory, Recently Appointed Financial Advisor to the Barbados Government

Thanks to the IMF’s Historical Public Debt Database and a special request: Public Debt as a % of GDP for Barbados, Trinidad and Tobago and Jamaica 1980 to 2012: Also, a question coming out of the above chart: What was going on in Barbados, Trinidad and Jamaica – from a macro or big picture point…

Read More Barbados, Trinidad and Tobago and Jamaica: Debt as a Percentage of GDP, 1980 to 2012

The objective of today’s post is to locate, explore and compare/contrast historical data re: Public debt as a percentage¬†of GDP for several Caribbean countries. First, we have to find the data: The Google query “debt to gdp imf” brings us – ironically – to the IMF (Barbadians take note). In particular, the query leads us…

Read More Barbados Public Debt as a Percentage of GDP 1980 to 2012