AGP Executive Report
Last update: 4 hours agoInvestment and Growth: The World Bank is backing Barbados’ growth through more efficient public spending, with its president touring development projects. A US$64 million IV fluids plant is also planned for Christ Church. Trade: Ghana is pressing to expand the African Continental Free Trade Area to Caribbean countries, aiming to open markets, attract investment and create jobs. Tourism: Bridgetown Duty Free has opened at Grantley Adams Airport, bringing new retail and employment opportunities; Barbados is also among destinations drawing Canadian travellers priced out of Cuba. Cannabis Industry: Barbados plans a major tissue-culture laboratory and national seed bank to build research capacity, but the regulator acknowledges that licensing costs remain a barrier for small farmers. Youth Enterprise: A new fund aims to mobilise more than US$1 billion by 2030 for young people’s green businesses, including in sustainable agriculture and renewable energy.
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