OVERVIEW In 2018 Barbados strengthened its reform impetus to start addressing its precarious balance of payments and fiscal situations. In response to the worsening fiscal and external liquidity position, the Government of Barbados (GOBD) announced in June the Barbados Economic Recovery and Transformation Plan (BERT), which aims to restore macroeconomic stability and place the economy […]
State of the MSME Sector in CARICOM – Prospects for the Future
I want to begin my remarks this morning by thanking Senator Lynette Holder, CEO of the Barbados Small Business Association for inviting me to deliver the keynote address at this year’s State of the Sector Conference. I also want to congratulate the SBA for its continuing advocacy of micro, small and medium-sized businesses across Barbados, […]
Jamaica’s Junior Stock Market Stands As A Blueprint For How Countries Across The Region Could Utilise The Stock Market In Raising Capital To Support The Blue Economy
Director of Economics at the Caribbean Development Bank, Dr. Justin Ram, says Jamaica’s Junior Stock Market stands as a blueprint for how countries across the region could utilise the stock market in raising capital to support the blue economy. He said that a blended finance approach may be adopted in the initial stages of development, […]
Caribbean Leaders, Make It Easier For The Private Sector To Invest And Do Business – Ram
Director of Economics at the Caribbean Development Bank, Dr Justin Ram, has called on regional leaders to make it easier for the private sector to invest and do business, warning that unless governments put the necessary policies in place to improve the business environment regional countries would continue to lose out on significant investments. Barbados […]
Caribbean Development Bank Recognises Trinidad and Tobago’s Potential For Transformative Economic And Social Development. – Patricia McKenzie
The Caribbean Development Bank (CDB), has formally launched a country strategy for Trinidad and Tobago, which proposes financial support of US$436.7 million for the period 2017 to 2021. CDB’s Vice President of Operations, Patricia McKenzie says the Bank recognises Trinidad and Tobago’s potential for transformative economic and social development. She says the programme has been […]
Caribbean Development Bank Expects Barbados Economy To Stutter This Year
BARBADOS The Caribbean Development Bank (CDB) expects Barbados as well as six other of its borrowing member countries (BMC) to record economic growth of less than two per cent this year. According to the CDB, all BMCs are expected to record positive growth this year, lending to an expected overall average projected growth of […]
