The economy of Barbados contracted during the first six months of the year with the main foreign exchange sectors also suffering a decline, according to the latest figures released by the country's central bank - the Bank of Barbados, on Tuesday.
The Bank of Barbados said that the local economy grew by just 0.6 percent and among the priorities for the future will be to reduce spending "in the economy so as to balance the inflows and outflows of foreign exchange and also to revive
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