AGP Executive Report
Last update: 33 minutes agoDigital Finance: Barbados’ instant-payment system is being held up by the Caribbean Development Bank as a model for improving financial services across the region. Cost of Living: Food-price inflation is hitting lower-income households hardest, UWI economist Andrew Downes says, while calling for more research on the impact in Barbados. Tax Policy: UWI Cave Hill has launched a taxation and policy master’s programme and scholarship initiative, which Finance Minister Ryan Straughn called an investment in the expertise needed for reform. Trade: A Barbados-Australia declaration on trade and development has been adopted at the WTO, opening a path to explore financing partnerships for developing economies. Public Finance: Straughn says raising the special-loans ceiling to $5 billion is not new borrowing; refinancing about $1.2 billion in debt could save roughly $320 million over time. Tourism: The hotel sector expects winter performance to be 8% ahead of last year and sees stronger prospects in 2027. Regional Links: InterCaribbean will launch three weekly nonstop Barbados-Martinique flights on January 25, creating new business and tourism connections. Sugar Industry: The regional Sugar Association is moving its headquarters to Barbados, while Belize has offered technical help to develop local white-sugar production.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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