IMF Programme May Impact Justice System

Julia Rawlins-Bentham Top Stories

Barbados’ International Monetary Fund-supported programme will have implications for how the Community Legal Services Department functions going forward. This was announced today by Attorney General, Dale Marshall, as he urged 48 new attorneys to offer some of their services free of cost annually to members of the public. Speaking during the admission of the attorneys during a Special Sitting of …

BERT Can Move Barbados Forward

Sharon Austin Top Stories

Senior Technical Adviser to Government, Dr. Kevin Greenidge, is confident that if the Barbados Economic Recovery and Transformation (BERT) Plan is implemented within the timeframe, it would move the country forward. Dr. Greenidge expressed this view today during a press conference at the Grande Salle, Central Bank of Barbados, to give an update on the BERT programme. Saying the country …

Barbados To Receive IMF Funds Soon

Sharon Austin Top Stories

The nod of approval from the Executive Board of the International Monetary Fund will give Barbados access to US $49 million tomorrow, which will be put into an account at the Central Bank. This disclosure came today from Economic Advisor to the Barbados Government, Dr. Kevin Greendige, during a BGIS Facebook Live interview with veteran broadcaster Carol Roberts, at the …

IMF Approves Extended Fund Facility

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The Executive Board of the International Monetary Fund (IMF) today approved the staff-level agreement on an Extended Fund Facility, which will give Barbados access to about US $290 million, over the next four years. This disclosure came from Chief Economic Counsellor and lead negotiator with the IMF, Ambassador Dr. Clyde Mascoll, who said the money would be given at a …

Targets In BERT Are The ‘Conditionalities’

Sharon Austin Top Stories

The “conditionalities” of the International Monetary Fund’s loan are the targets set by this country in the Barbados Economic Recovery and Transformation Program (BERT). That is the word from the Barbados Economic Recovery Team, in response to questions recently posed by retired senior lecturer in economics at the University of the West Indies, Cave Hill Campus, Professor Michael Howard, in …

Q & A: Barbados’ Economic Recovery Programme

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Barbados Economic Recovery Team’s responses to the questions posed by Professor Michael Howard on page 26A in the Nation’s Sunday Sun for Sunday, September 9, 2018. Ques: What are the projected dollar cuts for current expenditure over the loan period? Ans: The loan period is for 4 years, with the last disbursement in May 2022. Projected expenditure cuts over this period amount …

Barbados & IMF Reach Staff Level Agreement

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Government and the International Monetary Fund (IMF) have reached a Staff Level Agreement. Prime Minister Mia Amor Mottley made the announcement today during a press conference at Government Headquarters, after the wrap-up meeting with the IMF. Ms. Mottley said it was an extraordinary achievement by Barbados to reach this point with the IMF in three months, stating that some countries …

Commitment Of Resources A Vote Of Confidence

Sharon Austin Top Stories

Barbados’ Economic Recovery and Transformation Programme seems to have received a thumbs up from the International Monetary Fund (IMF). Deputy Division Chief of the Caribbean II Division of the IMF, Bert van Selm, who led the mission to Barbados, told a press conference today that the important commitment of IMF resources was a vote of confidence in the Barbados Economic …

Additional Data

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Click here to download additional information for creditors. Ministry of Finance, Economic Affairs & Investment See also: READ MORE IMF Programme May Impact Justice System anemptytextlline READ MORE BERT Can Move Barbados Forward anemptytextlline READ MORE Barbados To Receive IMF Funds Soon anemptytextlline READ MORE IMF Approves Extended Fund Facility anemptytextlline READ MORE Targets In BERT Are The ‘Conditionalitie… anemptytextlline READ …

Updated Information For Creditors – July 17, 2018

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Click here to download updated information for creditors July 17, 2018 Ministry of Finance, Economic Affairs & Investment See also: READ MORE IMF Programme May Impact Justice System anemptytextlline READ MORE BERT Can Move Barbados Forward anemptytextlline READ MORE Barbados To Receive IMF Funds Soon anemptytextlline READ MORE IMF Approves Extended Fund Facility anemptytextlline READ MORE Targets In BERT Are …