BARBADOS GOVERNMENT BORROWS (ONCE MORE) US$150 MILLION
The Barbados Government has secured
yet another a 5-year U.S. $150 million floating rate loan from regional and international investors.
going to hell in a disintegrating hand-basket Government’s medium-term fiscal and growth strategy, part of the loan proceeds will be invested in a number of critical capital projects hopefully not Four Seasons and to leave any NIS profits remaining severely alone. Government’s net public debt ratio is expected to increase to approximately 68.1% as at December 2013.