AGP Executive Report
Last update: an hour agoPublic Investment: Finance Minister Ryan Straughn says Barbadians will soon be able to invest in public infrastructure, including a possible ownership stake in the St Lucy desalination plant. Credit and Finance: Businesses and households borrowed an additional $383.5 million in the first nine months of 2026, lifting outstanding private-sector loans to $9.85 billion; non-performing loans also declined. Newcomer Momentum Finance says it aims to offer more accessible, tailored financing. Business Compliance: Barbados has established a central beneficial ownership register, requiring covered entities to report the people who ultimately own or control them. Manufacturing: Barbados is advancing a $32 million pharmaceutical manufacturing project with Nigerian partners. Airport Retail: Avolta opened a dedicated beauty store at Grantley Adams International Airport, adding to its retail offering at a gateway handling more than 2.4 million passengers a year. Climate Finance: At COP31, Prime Minister Mia Mottley urged changes to lending rules that can leave disaster-hit countries paying more to borrow.
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