IMF

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

Source: Barbados Government Information Service Government announced today that a team from the International Monetary Fund (IMF), led by Bert van Selm, had arrived in Bridgetown on a three-day visit. The team will hold discussions with the Prime Minister and Minister of Finance, Mia Amor Mottley, Governor of the Central Bank of Barbados, Cleviston Haynes,…

Read More MIA WATCH: Government Announces IMF Mission and Appointment of Financial Advisor

IMF Managing Director Christine Lagarde today issued the following statement on Barbados: Statement by IMF Managing Director Christine Lagarde on Barbados Ms. Christine Lagarde, Managing Director of the International Monetary Fund, made following statement today: “As announced by Prime Minister Mottley earlier today, the Barbados economy has been going through significant challenges for some years.…

Read More MIA WATCH: IMF Boss Issues Statement on Barbados

Highlights 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

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