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Barbados economic performance review slated for May 2

Barbados economic performance review slated for May 2
10 Apr
2018

The state of the island's economy will be revealed in a few weeks’ time.

Central Bank Governor Cleviston Haynes will review the country's economic performance for the first three months of this year on May second.

Of major concern to many will be the state of the island's foreign reserves.

During the last review on January 31st, the foreign reserves stood at four hundred and ten million dollars or about 6.6 weeks of import cover.

This is well below the desired international benchmark of 12 weeks.

Mr. Haynes along with his deputy governor Michelle Doyle-Lowe will take questions from members of the media to further explain certain issues.

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