IMF: Barbados recovery underway: CARICOM Business

Barbados has met all quantitative targets for end-December 2021 and end-March 2022 under the IMF’s EFF making it eligible for a drawdown of US$23 million. According to the IMF’s Bert van Selm, “international reserves, which reached a low of US$220 million (5-6 weeks of imports) in May 2018, are n...
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Grenadians head to the polls 23 June

Grenada's Prime Minister Dr Keith Mitchell has announced that General Elections will be held on 23 June 2022. Nominations Day will be 1 June. Dr Keith Mitchell The Elections are expected to be a straight fight between Prime Minister Mitchell's New National Party (NNP) and the opposition Natio...
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Agri Investment Forum

The premier Agri-Food Investment Forum and Expo will be held on May 19 – 21, 2022 at the Arthur Chung Convention Center under the theme: “Investing in Vision 25 by 2025”. The overall goal of this important event is to achieve the 25% by 2025 vision of reducing regional food imports by fostering acce...
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Barbados records growth of 11.8% in first quarter: CARICOM BUSINESS

For the period January to March 2022, Barbados experienced inflation of 4.2%, unemployment declined from 12.4% to 10.9% and net international reserves reaching US$3.019 B or 36.4 weeks of import cover. According to the Central Bank of Barbados in its quarterly review, the economy grew by 11.8% du...
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CARICOM Leaders meet US Vice President Harris

Heads of Government of the Caribbean Community (CARICOM), the Dominican Republic and the CARICOM Secretary-General met virtually on Friday with United States Vice President Kamala Harris to discuss support for post Covid-19 economic recovery, the climate crisis, energy security and security co-opera...
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