Friday, January 10, 2014

Barbados economic growth projected to be less than 1 percent in 2014 - Governor Worrell

Bank of Barbados Governor, Delisle Worrell. PHOTO/FP

DeLisle Worrell, the Governor of the Central Bank of Barbados, has said that tourism-related investment will impart some stimulus to the economy this financial year, however, this effect will be largely eroded by the fiscal contraction, and the forecast is for growth of less than 1 percent.

In an opinion article commenting on the current status of the Barbados economy, Worrell said the recent economic performance has been

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