AGP Executive Report
Last update: an hour agoDigital Payments Shift: Barbados’ Central Bank says electronic fund transfers surged to $20.8bn in 2025, outpacing cash in circulation, as BiMPay moves toward go-live and real-time processing boosts payments efficiency. Banking & Payments Disruption: Interbank transfers were disrupted on Friday as BiMPay goes into operation, highlighting the transition pressure on the payments system. Tourism & Sports Boost: The WCPL is re-engineered for 2026 with an expanded four-team festival of women’s cricket at Kensington Oval in Barbados, including a new Jamaica Empress franchise. Local Cricket Development: Republic Bank’s Five for Fun programme officially launches in Barbados, targeting 60 primary schools and rolling out cricket skills for ages 7–12. Energy & Jobs Watch: Barbados’ energy minister says seismic surveys suggest potential offshore resources of up to 13bn barrels of oil and 40+ trillion cubic feet of gas, with government now moving to identify international partners for commercial assessment. Public Sector Modernisation: Queen Elizabeth Hospital’s digital transformation is progressing, with digitised records and efficiency gains already underway. Transport Infrastructure: Government is considering expanding Highway 2A from two to four lanes, alongside bridge rehabilitation work. Reintegration Funding Debate: UWI professor Dwayne Devonish calls for Barbados’ reintegration programme to be strongly resourced and monitored to reduce stigma and recidivism.
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