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IMF, Barbados Reach Deal on Fund Facility Reviews

IMF, Barbados Reach Deal on Fund Facility Reviews
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Barbados Bond Captures Award - Barbados Today

Barbados has won the global, highly-commended Sustainability-linked Bond of the Year Award for its Blue Bond for Ocean Conservation at home.
The Environmental Finance Bond Awards for 2023 were recently announced by Environmental-Finance.com, an online news and analysis service established in 1999 to report on sustainable investment, green finance and the people and companies active in environmental markets.
The online service said ....

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Skills Development Programme into second stage

The Government and the Inter-American Development Bank (IDB) launched the second phase of the Barbados Professional Skills Development Programme on Monday. Chief of Operations for Barbados and the eastern Caribbean at the IDB, Jean-Eric Theinhardt said the programme was designed to educate officials in the Ministry of Environment and National Beautification and Green and Blue Economy (MENB) about how to support and implement maritime policies and strategies. “The programme builds … ....

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Barbados blue bond to help Caribbean with liability management

New deal adds two-year payment deferral to existing natural-disaster clause to mitigate impact of a future pandemic. ....

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#BTEditorial - Local investors will give their verdict

It is understandable the excitement within the Ministry of Finance following news that external investors are showing greater confidence in Government by snapping up some $140 million or US $70 million in restructured Government of Barbados (GOB) bonds in a debt swap.Minister in the Ministry of Finance Ryan Straughn was quoted in the media on Wednesday: “Considering that the external bonds were trading at close to par for most of the duration after the foreign debt restructuring in December 2019, then it was not surprising. It demonstrates an expression of confidence in the management of the country’s fiscal affairs by the investors.”We have come a long way from the period when foreign holders of GOB debt were threatening legal action against the country over fallout from the debt restructuring process.It was back in October 2019 that the administration announced it had reached a deal with international market creditors more than a year after the country entered a historic select ....

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