Barbadian reforms are strengthening economy, says central bank

Annual report says IMF programme beginning to prove effective

central-bank-barbados

The Central Bank of Barbados believes reforms implemented in response to recommendations by the International Monetary Fund have begun to strengthen the country’s economy.

The CBB released its annual report on August 7, describing the past year as “challenging” due to the large economic reforms that it helped implement. But it added that the restructuring had brought “renewed confidence in the economy”.

In September, the Barbadian government and the IMF reached an agreement that the fund would

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