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Economic Press Releases

02May2016

Avoiding Economic Relapse As with a medical malady, the key to total economic recovery requires completing the full course of treatment....

04Apr2016

How the Wind and the Sun Could Save Us Millions In his monthly economic letter, Dr DeLisle Worrell makes the case 100% renewable energy by revealing...

07Mar2016

The Prospect of Free Electricity In his monthly economic letter, Governor Worrell explains how leveraging solar energy could reduce or even eliminate the cost of electricity. ...

08Feb2016

Adaptability is Key In his monthly economic letter, Governor Worrell explains that Barbados can succeed by adapting to the economic climate. ...

02Feb2016

Financial Stability Report 2015 CBB and FSC have released an in depth analysis of Barbados' financial system. The report examines the island’s commercial banks, trust and finance companies, credit unions, and insurance companies....

21Dec2015

The Future of the Barbadian Economy Barbadians may be confident of our future, because our development strategy is founded on policies...

03Dec2015

Scott Lectures Expose Barbadians to the Powerhouses of the World The vision of Barbadians like Sir Courtney, and the ideas and inspiration that have come to us via the Sir Winston Scott lectures over the years, have played some small part in Barbados' progress as an independent country....

01Nov2015

Keeping the Economy Stable and Achieving Growth Barbados is credited with highhuman development, an indicationthat in terms of what our salarieswill...

27Oct2015

Review of Barbados' Economic Performance for the First Nine Months of 2015 Barbados’ tourism has been encouraging so far in 2015, with arrivals increasing by 14.5 percent to end-September. ...

14Oct2015

Annual Meetings of IMF and World Bank Governor of the Central Bank, Dr. DeLisle Worrell, accompanied Minister of Finance, Honourable Chris Sinckler, who led the Barbados delegation to the Annual Meetings of the IMF and World Bank in Lima on October 8-11. Other Central Bank members of the team were Michelle Doyle-Lowe, Director of Research, and Dr. Allan Wright, who is leading a Caribbean team investigating the withdrawal of correspondent banking relationships affecting many countries....

08Oct2015

Barbados is Ahead in Innovation, But Much Remains to be Done We should protect our lead in the areas where we are strong, and devote resources and develop practical agendas to remedy the areas of weakness....

05Oct2015

The Cost of Compliance Affecting Correspondent Banking Services In Barbados And The Rest Of The Caribbean Central Bank Governor DeLisle Worrell attended the meeting of the Financial Stability Board (FSB) in London on Friday, September 25. The agenda item of immediate interest to Barbados had to do with the difficulties that some resident individuals and companies have encountered in their banking relationships, and in setting up bank accounts for new clients....

07Sep2015

Tourism: Why Barbados is No 1 in the Caribbean, and How to Stay Ahead of the Competition Barbados ranks first among seven Caribbean countries included in the Travel and Tourism...

10Aug2015

Social Partnership Must Devise Strategies to Address Barbados On July 31, I made a presentation to the Social Partnership Meeting on the country's progress with...

14Jul2015

Review of Barbados' Economic Performance for the 2nd Quarter of 2015 The Barbados economy expanded by an estimated 0.5 percent during the first half of the year, thanks to an encouraging tourism performance. The foreign exchange market was almost in balance, with a slight dip in reserves recorded during the second quarter....

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Central Bank Of Barbados
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