AGP Executive Report
Last update: 11 hours agoDebt and Health: Barbados is targeting January 1 to begin a $1.2bn debt-for-health swap, expected to unlock more than $320m for healthcare and other social programmes, including efforts to tackle childhood obesity. Growth Outlook: The World Bank forecasts Barbados will grow by 2% in 2026, as tourism-dependent economies face a more moderate recovery than oil producers. Hospital Investment: The Queen Elizabeth Hospital has ordered $82m in equipment and is commissioning its first MRI system as part of a wider modernisation drive. Regional Investment: Outgoing Caribbean Export chair Lynette Holder says the agency attracted more than US$170m for over 30 regional projects during her tenure and expanded funding partnerships for businesses. Climate Finance: A new Caribbean sustainability bond aims to raise up to US$250m for resilient infrastructure, renewable energy and water projects. Airport Upgrade: An $80m Grantley Adams International Airport expansion, including four jet bridges and a redesigned terminal, is expected to start in November and take about a year.
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