Saturday, March 2, 2024

Stuart: Don’t despair over IMF report

Date:

Share post:

THE INTERNATIONAL Monetary Fund’s (IMF) latest prediction of a negative performance for the Barbados economy this year, is not causing Prime Minister Freundel Stuart to despair and he is telling Barbadians they should not despair either.

The IMF report stated that Barbados would have the worst economic performance among Caribbean countries this year with only 0.8 growth.

But speaking to the media this morning, after the launch of Phase 8 of the Youth in Agriculture Programme at the Bayville Community Centre, the Prime Minister said while he had not yet seen the IMF report, it was well known that Barbados had been having some challenges and had to work its way back to robust growth.  

He said he did not think Barbados had anything to worry about in the context of the entire Caribbean.  (GC)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Traffic changes for Gold Cup

The public is advised that due to the Sandy Lane Gold Cup being held at the Historic Garrison Savannah on...

Jordan: Success of job programmes depends on youth performance

Minister of Labour Colin Jordan has offered a timely reminder to Barbadians that the success of local employment...

Measles caution

Barbados may be at risk of a measles outbreak because the island’s immunisation rates have fallen to worrying...

Man dies at Holetown beach

Police and ambulance responded twice to a man who had fallen on the beach at Holetown earlier today. The second...