Barbados records growth of 11.8% in first quarter: CARICOM BUSINESS

For the period January to March 2022, Barbados experienced inflation of 4.2%, unemployment declined from 12.4% to 10.9% and net international reserves reaching US$3.019 B or 36.4 weeks of import cover. According to the Central Bank of Barbados in its quarterly review, the economy grew by 11.8% du...
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CARICOM gets Barbados award for its role during COVID-19 pandemic

The Government of Barbados on Thursday awarded the Caribbean Community (CARICOM) during its National Humanitarian Awards awards ceremony held at the Kensington Oval. Thursday was National Heroes Day in Barbados. The Community received the Humanitarian Award for its “negotiating stren...
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Jamaica grows by 6.7% in 4th quarter of 2021: CARICOM BUSINESS

The Jamaican economy grew by 6.7% during the 4th quarter of 2021 when compared to the fourth quarter of 2020. This was due to increases in both the Services Industries and the Goods Producing Industries of 9.0% and 0.5% respectively. Within the Goods Producing Industries, there were higher output...
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CARICOM Heads Approve Enhanced Cooperation Protocol

Caribbean Community (CARICOM) Heads of Government have adopted a Protocol which should create opportunities to further the principles, goals and objectives of the Community  through Enhanced Cooperation. The “Protocol to Amend the Revised Treaty of Chaguaramas Establishing the Caribbean Comm...
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CARICOM SG congratulates re-elected Barbados Prime Minister

CARICOM Secretary-General Dr Carla Barnett has congratulated the Prime Minister of Barbados Hon Mia Mottley on her resounding triumph in the General Elections of 19 January. Here is the Secretary-General’s congratulatory message: “Honourable Prime Minister, On behalf of the Caribbean Commun...
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