by Marlon Madden
A top official of the World Bank has poured cold water on any hopes of Barbados getting debt relief from lending partners.
World Bank Chief Economist for Latin America and the Caribbean Martin Rama said countries in the Caribbean should not count on getting any debt relief and should therefore look seriously at other alternatives of effectively managing and growing their economies.
He was speaking with journalists from the English-speaking Caribbean, on Friday, when aspects of the World Banks semi-annual report, The Cost of Staying Healthy were discussed.
I will not bet on it [debt relief] happening because Caribbean countries are relatively rich in the developing world. I would say aim for it, lobby for it, but have a…
Read the full article at: https://barbadostoday.bb/2020/10/10/barbados-told-not-to-expect-debt-relief/
