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Despite the impact of the COVID-19 pandemic, the volcanic ashfall and Hurricane Elsa, the Government of Barbados continued to achieve its performance targets under the Barbados Economic Recovery and Transformation or BERT plan.
This assessment from the BERT Monitoring Committee, as it reviewed the period ended March 31st, this year which coincided with the 14th and final set of targets under the Extended Fund Facility.
Co-chair of the Committee, Trisha Tannis, notes that in particular Government was able to meet the revised primary balance of minus 1% of GDP and the growth in net international reserves was well above the programme target.
