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…
Read More DeLisle Worrell: Second Opinion on Barbadian EconomyFive 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 2019Dr. 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 RetrenchmentThe IMF just released their projections for Latin America and the Caribbean earlier today. Here’s what you need to know as it relates to the Caribbean (the full report is available here):
Read More IMF Economic Projections for the CaribbeanHighlights from the Staff Concluding Statement of the 2018 Article IV Mission to Guyana: Economic growth slowed in 2017, but became more broad-based Weaker than expected export growth and higher oil prices contributed to current account balance turning negative Fiscal deficit remained stable in 2017 Medium-term prospects are stable (driven by oil production) Debt sustainability…
Read More Guyana: IMF Staff Concluding Statement of the 2018 Article IV Mission