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  • Photo of IMF: Barbados recovery underway: CARICOM Business

    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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