Tag: Governor of the Central Bank Cleviston Haynes
Tourism still driving Barbados economy
Tourism is leading the way as the Barbados economy continues its recovery from the COVID-19 pandemic.Central Bank Governor Cleviston Haynes reported in his third...
Too slow in going green
Barbados is on the road to electrifying its transportation, but Central Bank Governor Cleviston Haynes wants the effort accelerated as the country pursues its...
Hike pushback
While the cost of living is high, increasing wages to give Barbadians more spending power “is not really a good idea”, says Central Bank...
Barbados economy continues to grow
Barbados’ economy has grown for the fifth consecutive quarter, but the current extremely challenging global economic environment has prompted the Central Bank to slightly...
Haynes not sold on tax reduction
Central Bank Governor Cleviston Haynes is not confident that Government can afford to cut taxes.He identified Government’s stretched finances and limited ability to borrow...
More money in the bank
Barbadians are still depositing millions of dollars into accounts at commercial banks and other financial institutions despite being paid little to no interest on...