Barbados expected to get drawdown from IMF in December

Barbados is expected to secure another US$57 million from the International Monetary Fund (IMF) next month as its representatives and Government report a major turnaround in the country’s economic and fiscal performance.

Minister in the Ministry of Finance Ryan Straughn said the authorities, backed by successful reforms and a continued period of economic growth, “are now ensuring that Barbadians genuinely can own the recovery having gone through the last six years of significant challenge”.