Central Bank of Barbados governor praises government’s fiscal strategy

delisle-worrell

The governor of the Central Bank of Barbados, DeLisle Worrell, has praised economic policy-making in Barbados, saying the government had maintained an appropriate foreign exchange buffer to sustain spending on imports and allow a response to shocks.

"The current economic strategy is appropriate to Barbados' economic realities, and respects the limitations of small size," Worrell wrote in a paper published on August 9. He emphasised that the government's fiscal strategy had maintained sufficient

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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