Barbados’ economy is expected to surpass the region’s growth outlook this year by more than 7%.
That’s according to the World Bank’s latest economic review for Latin America and the Caribbean.
Chief Economist, William Maloney, presented the report during a virtual press conference.
He revealed the local economy is estimated to grow by 10.5% this year and 5% next year, compared to projections for the region which stand at 3% this year and 1.6% for 2023.
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
More Stories
Smooth driving on Broad Street soon
Fire on ABC Highway
Anglican Church resuming ‘common cup’ communion