Countries:
Barbados
Topics:
Development, Economics, Governance

Barbados Free Press questions the assertion by the Governor of the Barbados Central Bank that the economy is soaring. “This purported “Barbados GDP Growth” is not being fuelled by increases in production efficiency or capacity, expanded and new markets, new buyers or the establishment of new businesses attracting new foreign sales and profits. Nope. This claimed GDP growth is fuelled by government spending and borrowed money.”

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