barbados imf
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IMF: Barbados recovery underway: CARICOM Business
Barbados has met all quantitative targets for end-December 2021 and end-March 2022 under the IMF’s EFF making it eligible for a drawdown of US$23 million. According to the IMF’s Bert van Selm, “international reserves, which reached a low of US$220 million (5-6 weeks of imports) in May 2018, are now at a comfortable level of US$1.5 billion.” The IMF official…
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IMF to augment EFF facility for Barbados by US$66 million: CARICOM BUSINESS
The IMF has announced that all quantitative targets for endSeptember under the Extend Fund Facility (EFF) with Barbados were met. It further advised that the programme target for Net International Reserves was met by a wide margin exceeding US$1 billion. Those were the findings of the virtual EFF review mission between October 26 – 30, 2020. Barbados is now targeting…
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