BRIDGETOWN, April 1, 2021 - Barbados’ Prime Minister Mia Amor Mottley says the island’s new minimum wage will take effect from Thursday, April 1, as indicated by the Government.
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BRIDGETOWN, Barbados, March 31, 2021 - Prime Minister Mia Amor Mottley has told a high-level meeting that now is the time for vulnerability to be embraced as part of the criteria to determine access for small island developing states.
BARBADOS, March 27, 2021 - The Board of the Caribbean Development Bank (CDB) has approved a US$383 million programme for the Bank’s Special Development Fund (SDF). It is aimed at reducing poverty and inequality and to transform the lives of citizens in its Borrowing Member Countries (BMCs).
GEORGETOWN, February 17, 2021 - Guyana’s coalition opposition is positing that the recently announced GY$383.1 billion national budget contains no provisions for salary increases for public servants, despite claims to the contrary by Vice President Bharrat Jagdeo.
BRIDGETOWN, February 15, 2021 - Barbados is expected to lose about $150 million in economic activity for the month of February. This is the word from Prime Minister Mia Amor Mottley as she addressed the nation on issues pertaining to COVID-19, the impact of the disease on the economy and the vaccine, among others.
GEORGETOWN, Guyana, February 12, 2021 - Against the background of a 43.5% economic growth rate attributable to the oil sector, the Mohamed Irfaan Ali/Jagdeo Administration has presented a historic $383.1 billion national budget, heavily focused on education and infrastructure development initiatives.
Latin America and Caribbean economies managed to bounce back from COVID-19’s initial economic devastation earlier in 2020. But the pandemic’s resurgence towards the end of the year threatens to thwart an uneven recovery and add to the steep social and human costs.
Washington, DC – February 5, 2021: While Barbados continues to make good progress in implementing its ambitious and comprehensive economic reform program the International Monetary Fund says he global coronavirus pandemic is causing a deep recession in that country.
Washington, DC – January 26, 2021: On January 22, 2021, The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with The Bahamas.
