THE BARBADOS ECONOMY is at the point where all options should be on the table.
The advice is coming from Barbadian Omar Gadsby, who is a high-ranking official of the international bank Credit Suisse where he oversees US$50 billion in bond mutual fund assets of the Zurich, Switzerland-based bank’s wealthy clients.
Gadsby said Barbados, faced with a ballooning debt, low growth, and weakening competitiveness, was now at its most vulnerable in post-independence history.
The financial expert has suggested an open and deep dialogue with International Monetary Fund (IMF) and a critical analysis of the currency peg. (GE)
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