Tag: cleviston haynes
Big economic decline in first quarter
Barbados’ economy contracted by nearly 20 per cent as tourist arrivals virtually vanished between January and March.
Governor Cleviston Haynes reported this in his first...
Governor warns of ‘blessing circles’
Central Bank Governor Cleviston Haynes advised anyone taking part in any financial schemes such as “blessing circles” to exercise caution and seek advice first.
While...
Financial education key, says Haynes
Financial education is vital during these troubling economic times, says Central Bank Governor Cleviston Haynes.
During the Barbados Association of Insurance and Financial Advisors virtual...
Jobless rate likely to remain high
With Barbados’ unemployment rate reaching 18.5 per cent at the end of 2020, Central Bank Governor Cleviston Haynes says current economic challenges mean that...
Economic recovery slowed by COVID
The Central Bank is looking back on 2020 as “an especially difficult year” for Barbados’ economy, and says previous hope of a “strong partial...
Haynes: Output slides
The COVID-19 pandemic continued to hammer the Barbados economy in the last quarter, keeping it deep in recession.
Central Bank Governor Cleviston Haynes reported yesterday...