IMF issues statement on Barbados

The IMF issued its statement on the status of the Barbadian Economy, reinforcing the fact that it is ready and will to  come to the country’s rescue if need be.

The IMF gave a brief synopsis of key metrics in the economy indicating that growth is expected to slow to less than one percent as further fiscal consolidation is  expected.

The IMF called for further fiscal discipline to correct the imbalances which characterized Barbados’ public finance in the past decade.

Link: https://www.barbadostoday.bb/2017/06/29/full-text-of-the-latest-imf-barbados-review-released-today/

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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