Caribbean & Central America - May 2017 (ISSN 1741-4458)

*** BARBADOS GRAPPLES WITH FISCAL DEFICIT. Barbados ended the last fiscal year with a fiscal deficit of 6% of GDP. On 9 May, the Central Bank of Barbados announced a tightening of monetary policy, increasing to 15% from 10% the proportion of domestic deposits that banks must hold in stipulated securities.

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