Sunday, April 21, 2024

‘Challenge’ to meet IMF targets


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Current challenging economic circumstances mean that Government faces a “significant challenge” to meet its targets under its Barbados Economic Recovery and Transformation (BERT) programme.

This concern was raised by the BERT Monitoring Committee yesterday in its 11th public report.

The Social Partnership economic watchdog also stressed the need for Barbados’ COVID-19 vaccination rates to increase so that businesses could maintain safe operations and more Barbadians can find employment.

The BERT Committee, which comprises members of the private sector, trade union movement and creditors, reported on Government’s eleventh set of targets under its Extended Fund Facility with the International Monetary Fund (IMF). (SC)

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