3.9% economic growth recorded

Barbados’ economy has grown by 3.9% in the first nine months of this year.

Governor of the Central Bank Dr. Kevin Greenidge made the revelation during the latest review of Barbados’ economy for January to September 2024.

The growth, according to Dr. Greenidge, was driven by strong tourism performance.

Inflation trended downwards along with a fall in unemployment.

Dr. Greenidge says Barbados’ reserves reached a record high for any September period.

He further added Barbados is expected to record 3.8% growth by the end of 2024.

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