CDB approves project to support economic reforms in Barbados

BRIDGETOWN, Barbados — The board of directors of the Caribbean Development Bank (CDB) has approved a grant of US$400,000 to help the government of Barbados further develop its economic reform programme. The approval sets into motion the Bank’s plan to support the country’s return to sustained economic growth.

The technical assistance project aims to enhance the capacity of staff in the ministry of finance, economic affairs and investment adequately to design, negotiate and support the implementation of critical macroeconomic and structural reforms. Further, it is expected to strengthen Barbados’ macroeconomic policy and planning.

“This project is critical to unlocking the growth potential of the Barbadian economy, and improving the country’s economic performance….

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