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Former Central Bank Governor advises review of approach to borrowing

By Marlon Madden A former central bank governor is urging the Barbados Government and others in the region to rethink their borrowing strategies, suggesting that policy-based loans should be avoided since their results over the years have been disappointing. Economist Dr DeLisle Worrell gave the advice, while excusing such loans from the International Monetary Fund (IMF) under its Extended Fund Facility (EFF)

Abrahams urges region to tighten security mechanisms to cut off criminal organisations

By Brittany Brewster Heads of Small Island Developing States (SIDS) are being urged to develop effective strategies to crack down on criminal organisations.  Minister of Home Affairs and Information Wilfred Abrahams made the call as he addressed the opening of the third annual UK Caribbean Heads of Defence Staff Conference on Tuesday at Hilton Barbados Resort. As he addressed the increase in crime

Atherley: Country owed answers on governor s exit – NationNews Barbados — nationnews com

Former Opposition Leader, Bishop Joseph Atherley, is calling on the Barbados Government to tell the nation why the contract of the Central Bank Governor is not being renewed. During last week’s annual review of the Barbados economy, Cleviston Haynes, who was appointed in January 2018, announced his contract was expiring and he would demit office on January 31. “I have my concerns that we are not renewing the contract of …

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