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Government Reports Strong Midyear Fiscal Performance with Major Budget Surplus

Government Reports Strong Midyear Fiscal Performance with Major Budget Surplus

November 18, 2025
1:42 pm

The Mia Mottley administration has delivered a strong midyear economic review, reporting a significant budget surplus supported by resilient revenue performance between April and September this year.

In a Ministerial Statement in Parliament this morning, Minister in the Ministry of Finance Ryan Straughn revealed that robust collections of corporation tax and value added tax were the primary drivers of the surplus.

He emphasized that Barbados’ economy continues to expand, even as global economic conditions remain challenging.

He revealed that Government revenue exceeded fiscal targets projected for the country. Cue In Total revenue

Minister in the Ministry of Finance Ryan Straughn

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