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Barbados among C’bean countries with most succesful IMF programmes

April 18, 2024

Barbados has been identified by the International Monetary Fund as among countries in the Caribbean with the most successful IMF programmes.

The other identified by Managing Director, Kristalina Georgieva during a briefing on the global policy agenda was Jamaica.

Ms. Georgieva, in response to a question posed, says the IMF is to review the performance of its Resilience and Sustainability Trust (RST).

That programme was introduced to assist low-income and vulnerable middle-income countries in building resilience to external shocks.

Barbados was among the first group of countries to reach a staff-level agreement to access the RST.

She says removal of the requirement for a current IMF programme at this time can’t be justified.

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