IMF issues statement on Barbados.

The IMF issued its statement on the status of the Barbadian Economy, reinforcing the fact that it is ready and will to  come to the country’s rescue if need be.

The IMF gave a brief synopsis of key metrics in the economy indicating that growth is expected to slow to less than one percent as further fiscal consolidation is  expected.

The IMF called for further fiscal discipline to correct the imbalances which characterized Barbados’ public finance in the past decade.


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