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Economist says adding to high debt could imperil generations

Barbados’ debt position is back where it was prior to the painful debt structuring in 2018 but there is only a glimmer of hope since Government is in a better position to service its debt this time around.This assessment from Barbadian economist Carlos Forte, who indicated that while the current debt is manageable, the position in which Government now finds itself means that no further borrowing can take place or it will put future generations in peril.“It is time to take stock,” he said.F...
United States Marsha Caddle Mia Mottley Carlos Forte Michael Howard World Bank

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