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Outlook For Barbados' Economy

Outlook For Barbados' Economy
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Barbados’ economy has grown for the ninth consecutive quarter, expanding by 3.9 per cent in the first six months of the year. However, Central Bank Governor Dr Kevin Greenidge stressed that in order for the country’s economic fortunes to continue improving, there is need for a major injection of investment, especially from the private sector. He also said the economy is expected to grow by between four and five per … ....

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#BTEditorial - Still much mystery about China's plans

Barbados and China recently celebrated their decades of  connections at the cultural, diplomatic and economic levels.Some of the landmark structures which were the result of Chinese financing and labour are dotted across the island and they have been undertaken under both major political parties.Some of these landmarks include the Barbados Tourism and Investment Inc (BTII)-operated multi-level carpark and office complex now housing the Immigration Department.Other projects include the Wildey Gymnasium and the Warrens Office Complex, while more recent Chinese funded initiatives include the new Wyndham Sam Lord’s Castle hotel and major road rehabilitation in the rural parishes of St Joseph and St Andrew.The Chinese government has also been a key partner in the supply of electric buses for the state-operated Transport Board.   Despite the strong relationship, most Barbadians are still puzzled, if not latently suspicious about the Chinese government’s benevolence. Why has the Asian ....

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