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By Marlon Madden
Barbados will require a significant amount of non-debt funding for initiatives that promote economic growth if it is to drive down its high debt.
Professor Justin Robinson, Pro Vice-Chancellor of the Board of Undergraduate Studies at the University of the West Indies (UWI), Cave Hill Campus, who gave that assessment which is applicable to other regional economies, said Caribbean
Antigua and Barbuda is among the top 10 small island developing states (SIDS) in the world with public debt greater than their gross domestic product (GDP). Caribbean countries in fact make up six of the top 10. Based on 2020 data, Barbados is the highest ranked at 157 percent, followed…