Wednesday, February 12, 2014

Barbados to receive up to $100 million in EU grant funding

[caption id="attachment_410092" align="alignnone" width="506" caption="Barbados National Bank"][/caption]

The European Union advised that it is willing to provide BDS$100 million (One BDS dollar = US$0.50 cents) to Barbados in grant funding. In a statement issued following talks between Barbados and EU delegations, it was noted that the funds would become available once certain macro-economic and public finance criteria were fully met. The statement also said that BDS$65 million could

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