A university finance expert describes the latest Barbados Central Bank economic figures as being indicative of a stellar economic performance and a robust economic model.
However, University of the West Indies Pro-Vice Chancellor and Professor of Finance, Dr. Justin Robinson, believes the public remains concerned about high prices and he wonders about the extent to which the economic growth is filtering down to the average individual.
He was reacting to the Barbados Central Bank Governor, Dr. Kevin Greenidge’s economic review in which he reported that the economy grew by four percent last year driven by a strong tourism performance and predicted economic growth of three percent for this year and 2026.
Professor Robinson notes that while the rate of inflation has slowed prices remain high.
University of the West Indies Pro-Vice Chancellor and Professor of Finance, Dr. Justin Robinson.
Meantime Opposition Leader Ralph Thorne doesn’t believe enough has done nothing to curb inflation.
Opposition Leader Ralph Thorne.