AGP Executive Report
Last update: 11 hours agoCricket Finances: Cricket West Indies’ cash-flow crisis has brought 25% cuts to international player pay, shorter domestic contracts and paused competitions; former president Dave Cameron says falling broadcast revenue makes recovery difficult. Regional Mobility: Barbados processed 918 applications in the first year of CARICOM’s four-country free-movement scheme, accounting for most of the 939 people processed across participating states. Tourism: Barbados is courting Kenya’s travel market, but the lack of year-round direct air links remains a barrier; seasonal KLM service and new direct flights from Lagos offer alternatives. Investment: Finance Minister Ryan Straughn linked improved credit ratings to investor interest at the opening of the $60 million Fort Carlisle residences, while noting rising construction costs. Climate Finance: Barbados is urging more joined-up funding for small islands. A new regional sustainability bond aims to raise up to US$250 million for resilience and development projects. Financial Services: Sagicor’s proposed restructuring would bring its Jamaican operations and Sagicor Life under a new Caribbean parent company.
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