The Barbados government has described as “malicious and unfounded” reports that the island-nation has held talks with the International Monetary Fund (IMF).
Finance and Economic Affairs Minister Chris Sinckler has also rubbished suggestions that Barbados would be devaluing its local currency, (BBD$1 = US$ 0.5).
“There will be no IMF program – not now, not June, not this year, and if we act as we are supposed to act, not in the foreseeable future and absolutely no devaluation
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