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No need for debt restructuring


No need for debt restructuring

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GOVERNMENT’S DEBT is unwanted but there is currently no reason for Barbados to consider the “prohibitively high cost” of a restructuring programme.

“It is not a real issue, it has never been discussed at a policy level because we don’t need to,” said Central Bank Governor Dr DeLisle Worrell.

He was speaking Tuesday evening in the Frank Collymore Hall’s foyer during the launch of a new book Fiscal Sustainability And Debt In Small Open Economies, which was authored by 15 Caribbean economists.

Please read the full story in today’s Weekend Nation, or in the eNATION edition.