Wednesday, May 27, 2026

Govt moves to give ordinary Bajans chance at regional projects

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Ordinary Barbadians could soon be given greater opportunities to invest in major regional projects as Government moves to ensure they benefit more directly from economic growth across the Caribbean and Latin America.

Minister of Finance Ryan Straughn said Government was already working with banks and credit unions to create frameworks that would allow people to participate more actively in investment opportunities both locally and overseas.

Speaking after yesterday’s opening of the IDB Group Sustainability Week 2026 at the Wyndham Grand Barbados Sam Lord’s Castle, Straughn said Barbados also needed to become more outward-looking economically in order to strengthen resilience and generate additional income streams outside the island.

“The other part is we need more Bajans investing abroad. You heard from the CEO of the bank from Suriname saying that they have a lot of investments to take place and not enough money. Bajans have money,” the minister said.

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