Less than a week after removing archives, the Central Bank of Barbados has now decided to discontinue one of its major segments…
Their most recent Economic Review was presented Tuesday 24th which listed Foreign Reserves at only 10 weeks, and in financial circles it is said the IMF says if reserves go below 12 weeks then a country may have to look at devaluation of its currency…
Records jumped from 19th July 2016 to 9th July 2013 on last Tuesday when we referred to Finance Minister Chris Sinckler in October 2014 as saying how both CIBC and the IDB praised the Central Bank’s website as a useful reference point.
Yet when it was visited in the wee hours of Jan. 31st, it listed only the last report from Tuesday 24th and now jumps to April 2013.
The website lists no reason for the cessation of the Economic Review segment, which is considered by many as the most crucial area of the Central Bank’s operations.
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