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Barbados government forms coalition of multilateral banks & organizations

- The government of Barbados forms a coalition of multilateral banks and organizations to develop resilient infrastructure and to drive new social and nature...

IMF urges G20 leadership to strengthen the International Financial Architecture

BENGALURU, India - International Monetary Fund (IMF) managing director Kristalina Georgieva made the following statement at the first meeting of the G20 finance ministers...

CDB accorded prescribed holder status for IMF special drawing rights

BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB) has been designated a prescribed holder of Special Drawings Rights (SDRs), by the International Monetary Fund...

Outlook for the Barbados economy in 2023

By Central Bank of Barbados BRIDGETOWN, Barbados - The global economy is expected to slow in 2023, but the Barbados economy is forecast to continue on...

Barbados prime minister calls for overhaul of unfair, outdated global finance system

NEW YORK, USA - Mia Amor Mottley, the prime minister of Barbados, urged world leaders to “use the power of the pen” and impose...

Barbados reform of SOEs still on the cards, says minister Straughn

By Julie Carrington BRIDGETOWN, Barbados, (BGIS) - Government will be pressing ahead with the proposed reform of state-owned enterprises as part of its mandate to...

Barbados general elections a historic clean sweep for Mottley

By Caribbean News Global TORONTO, Canada – The Barbados Labour Party (BLP) won all 30 seats in Wednesday's general elections amid COVID-19 complaints that...

Polling stations open for parliamentary elections in Barbados

BRIDGETOWN, Barbados, (TeleSUR) - On Wednesday at 6:00, polling stations began to receive the Barbardians who will choose 30 lawmakers in the first elections...

Dominica anticipates removal from EU list of non-cooperative jurisdictions: IMF projects five percent GDP from 2022-2026

By Caribbean News Global contributor ROSEAU, Dominica – Prime minister Roosevelt Skerrit is confident that the EU decision to add Dominica to the list of...

CDB president calls for region to collaborate, capitalise on available IMF financing

BRIDGETOWN, Barbados – President of the Caribbean Development Bank (CDB) Dr Hyginus ‘Gene’ Leon has proposed that the US$2.5 billion in Special Drawing Rights...

Guterres urges ‘quantum leap in support’ for vulnerable nations, at UN trade meeting in Barbados

BRIDGETOWN, Barbados – Recovery from the COVID-19 pandemic must be sustainable and inclusive, Secretary-General António Guterres said in remarks to a major UN trade...

Why 84 countries are borrowing from the IMF 

By Sir Ronald Sanders In the wake of the economic damage done by the effects of the COVID-19 pandemic, countries in every continent of the...

Small countries need an IMF that is a lender of conscience

By Sir Ronald Sanders As undesirable as it may be, governments of Caribbean countries that are not in International Monetary Fund (IMF) programmes are being...

Collective CARICOM voice for recovery at IMF-World Bank meetings 

By Sir Ronald Sanders The response by policymakers of the International Financial Institutions (IFIs) to the depth of COVID-19’s effects on Caribbean economies needs to...
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