IDB calls for pension and financial sector reforms in Barbados
IDB calls for pension and financial sector reforms in Barbados Article by by Marlon Madden With Barbados having the highest pension expenses in the region, a recommendation is being made for the revision of current systems to ensure the sustainability of state-operated pension schemes. The issue was highlighted by Inter-American Development Bank (IDB) officials in the recently released Quarterly Bulletin for December, titled Economic Institutions to Advance Beyond 2020. “In 2019, Barbados had the highest level of public pension spending among Caribbean countries, reaching 7.7 per ...
Source: barbadostoday.bb