AGP Executive Report
Last update: an hour agoPayments Modernisation: Barbados’ Central Bank is set to launch BiMPay on June 12, promising instant, real-time transfers across banks and credit unions, with a livestream marking the first live transaction. Local Governance & Accountability: The DLP welcomed BiMPay but pressed for transparency and safeguards around how personal data is handled as the payments system modernises. Housing Pressure: Housing Minister Chris Gibbs says more than 4,000 Barbadians are seeking housing assistance, with demand still outstripping supply while the government pursues construction, social mortgages, land regularisation and NHC restructuring. Tourism Deal-Making: CHTA has named Barbados host for Caribbean Travel Marketplace 2027, a major B2B tourism event bringing global buyers and regional suppliers together. SME Export Push (Regional): TTMA in Trinidad and Tobago is rolling out a new Export Action Programme cohort for SMEs, building on earlier cohorts that reported new foreign sales. Energy Transition (Regional): Dominica becomes the first Caribbean nation to put geothermal power on its national grid, aiming to cut reliance on imported fuel after commissioning issues. Public Health & Environment: Barbados expects Saharan dust relief as conditions improve, while Antigua and Barbuda explores Japanese technical support to turn sargassum into marketable products.
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