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News
25
Jun
2019
Barbados To Receive An Additional US $49 Million from the IMF
Following its first review of Barbados’ BERT programme, the IMF Executive Board has approved a second drawdown under the Extend Fund Facility (EFF)...
17
May
2019
The IMF Has Completed its First Review of the BERT Programme
A team headed by Bert van Selm was in Barbados from May 7 to 17....
12
Feb
2019
The IMF Has Concluded its February Visit to Barbados
The Fund reports that “Barbados continues to make good progress in implementing its ambitious and comprehensive economic reform program." ...
03
Jan
2019
Investors to Receive Interest Payments by January 11
The delay in payment is due to technical challenges....
07
Dec
2018
The IMF Has Completed its Visit to Barbados
The Fund reports that “Barbados has made an excellent start in implementing its ambitious and comprehensive economic reform program."...
23
Nov
2018
The Central Bank has Begun to Repay Pensioners with Government Investments
Persons eligible for the revised terms of the Debt Exchange Offer should receive their first cash payment by November 29....
19
Nov
2018
Barbados' Domestic Capital Market Post Debt Restructuring
In his opening remarks at the opening of “Debt Exchange – Risks and Opportunities: Leveraging the Jamaican Experience”, Central Bank of Barbados Governor Cleviston Haynes announced a reduction in the securities reserve ratio for commercial banks....
13
Jul
2018
The IMF Has Completed its Visit to Barbados
The delegation was headed by Bert van Selm....
06
Jun
2018
Government Provides Further Details on Recovery Efforts
The Barbados Government Information Service announced the arrival of a team from the IMF and named White Oak Advisory Ltd. as the financial advisor on debt restructuring. ...