Executive Board
Calendar
Board Discussions
on Barbados:

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February 10, 2014
December 5, 2011
December 3, 2010
July 25, 2008
September 10, 2007

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP -1.2 0.9
Consumer Prices 2 1.7
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Barbados: Financial Position in the Fund

Transactions with the Fund


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Barbados and the IMF
Updated June 27, 2014

The last Article IV Executive Board Consultation was on February 10, 2014. Listed below are items related to Barbados, in reverse chronological order (you can also view items by category).

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June 27, 2014 -- The Caribbean and the IMF—Building a Partnership for the Future, by Christine Lagarde, Managing Director, IMF
June 06, 2014 -- Press Release: IMF Concludes Staff Visit to Barbados
February 12, 2014 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Barbados
February 12, 2014 -- Transcript of a Conference Call on Barbados
February 12, 2014 -- Barbados: Staff Report for 2013 Article IV Consultation
Series: Country Report No. 14/52
February 12, 2014 -- Barbados: Financial System Stability Assessment
Series: Country Report No. 14/53
December 13, 2013 -- Press Release: Statement at the Conclusion of the IMF Article IV Consultation Mission to Barbados
October 12, 2013 -- IMFC Statement by the Honourable Jim Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 177Kb
April 20, 2013 -- IMFC Statement by Jim Flaherty, Minister of Finance,Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 374Kb
October 13, 2012 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 302Kb
April 21, 2012 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 357Kb
January 19, 2012 -- Barbados: Staff Report for the 2011 Article IV Consultation
Series: Country Report No. 12/7
January 01, 2012 -- Barbados: Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities
Author/Editor: Yartey, Charles Amo
Series: Working Paper No. 12/31
December 07, 2011 -- Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
October 17, 2011 -- Press Release: Statement by IMF Article IV Mission to Barbados
September 24, 2011 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 250Kb
May 13, 2011 -- Press Release: Statement by an IMF Mission to Barbados
April 16, 2011 -- IMFC Statement by James Michael Flaherty Minister of Finance, Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 386Kb
February 11, 2011 -- IMF Survey: Economic Future, Role of IMF Top Caribbean Students' Concerns
The impact of the global crisis on the Caribbean region has been deeper than in other countries in the hemisphere. The region needs new sources of growth, and the IMF should clarify its role in the region and put greater emphasis on protecting the most vulnerable, said students from the region.
February 03, 2011 -- IMF Survey: Caribbean Countries Have Several Ways to Enhance Prospects
Caribbean countries, saddled with high debt levels and badly affected by the global economic crisis, need to reduce debt and develop new sources of growth to enhance their prospects, according to participants at a regional conference convened to explore the Caribbean’s challenges and policy options.
January 13, 2011 -- Press Release: IMF, UWI Announce Papers Selected for Academic Conference, to Host Barbados Student Question Session
December 15, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 15, 2010 -- Barbados: 2010 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/363
December 15, 2010 -- Barbados: 2010 Article IV Consultation-Selected Issues
Series: Country Report No. 10/364
Notes: Also available in French
October 25, 2010 -- Press Release: Statement by IMF Managing Director Dominique Strauss-Kahn on the Passing of Mr. David Thompson, Prime Minister of Barbados
October 09, 2010 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 354Kb
September 24, 2010 -- Press Release: Press Statement by IMF Article IV Mission to Barbados
April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 355Kb
February 26, 2010 -- Press Release: Statement by an IMF Mission to Barbados
October 06, 2009 -- Statement by the Hon. David Thompson, Governor of the World Bank Group for Barbados, on behalf of the Joint Caribbean Group at the Joint Annual Discussion
PDF File Size: 274Kb
September 14, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
September 14, 2009 -- Barbados: 2009 Article IV Consultation - Staff Report; and Public Information Notice on its Consideration by the Executive Board
Series: Country Report No. 09/291
April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 121Kb
February 20, 2009 -- Barbados: Financial System Stability Assessment - Update, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Securities Regulation
Series: Country Report No. 09/64
January 29, 2009 -- Barbados: Report on the Observance of Standards and Codes - FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 09/19
October 11, 2008 -- IMFC Statement by Jim Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 319Kb
August 28, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 28, 2008 -- Barbados: 2008 Article IV Consultation - Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 08/295
June 17, 2008 -- Press Release: Statement by the IMF Mission for the 2008 Article IV Consultation Discussions with Barbados
February 11, 2008 -- Press Release: Statement by IMF Deputy Managing Director Murilo Portugal at the Conclusion of his Visit to Barbados
February 01, 2008 -- External Tariff Liberalization in CARICOM: A Commodity-Level Analysis
Author/Editor: Sadikov, Azim M.
Series: Working Paper No. 08/33
October 20, 2007 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 196Kb
September 27, 2007 -- Barbados: Report on Observance of Standards and Codes - Fiscal Transparency Module
Series: Country Report No. 07/338
September 13, 2007 -- Public Information Notice: IMF Executive Board Concludes 2007 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
September 13, 2007 -- Barbados: 2007 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 07/315
July 20, 2007 -- Press Release: Statement by the IMF Mission on the 2007 Article IV Consultation Discussions with Barbados
April 14, 2007 -- IMFC Statement by the The Honorable Jim Flaherty, Minister of Finance for Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 191Kb
February 01, 2007 -- Colonial Origins, Institutions and Economic Performance in the Caribbean: Guyana and Barbados
Author/Editor: DaCosta, Michael
Series: Working Paper No. 07/43
October 01, 2006 -- A Small Foreign Exchange Market with a Long-Term Peg: Barbados
Author/Editor: Worrell, DeLisle | Craigwell, Roland | Mitchell, Travis
Series: Working Paper No. 06/245
September 19, 2006 -- Statement by the Hon. Conrad Enrill, Governor of the World Bank Group for Trinidad and Tobago, on behalf of the Joint Caribbean Group at the Joint Annual Discussion
PDF File Size: 329Kb
September 17, 2006 -- IMFC Statement by the Honourable Jim Flaherty, Minister of Finance for Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 276Kb
September 13, 2006 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
September 13, 2006 -- Barbados: 2006 Article IV Consultation - Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 06/323
September 01, 2006 -- The Monetary Policy Regime and Banking Spreads in Barbados
Author/Editor: Samuel, Wendell A. | Valderrama, Laura
Series: Working Paper No. 06/211
April 22, 2006 -- IMFC Statement by Honorable James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 735Kb
September 25, 2005 -- Statement by the Hon. Denzil Douglas, Governor of the World Bank for St. Kitts and Nevis, on behalf of the Joint Caribbean Group, at the Joint Annual Discussion
PDF File Size: 350Kb
August 15, 2005 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 15, 2005 -- Barbados: 2005 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 05/297
April 16, 2005 -- IMFC Statement by The Honourable Ralph Goodale, Minister of Finance of Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 338Kb
April 01, 2005 -- Quantitative Assessment of a Financial System--Barbados
Author/Editor: Chase, Karen | Greenidge, Kevin | Moore, Winston | Worrell, DeLisle
Series: Working Paper No. 05/76
October 02, 2004 -- IMFC Statement by the Honourable Ralph Goodale, Minister of Finance of Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 600Kb
July 01, 2004 -- Caribbean Business Cycles
Author/Editor: Cashin, Paul
Series: Working Paper No. 04/136
May 26, 2004 -- Barbados: Statistical Appendix
Series: Country Report No. 04/153
May 26, 2004 -- Barbados: 2004 Article IV Consultation--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Barbados
Series: Country Report No. 04/154
May 19, 2004 -- Republic of Belarus: 2004 Article IV Consultation--Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus
Series: Country Report No. 04/141
Notes: Also available online in Russian.
May 14, 2004 -- Public Information Notice: IMF Concludes 2004 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 24, 2004 -- IMFC Statement by the Honourable Ralph Goodale, Minister of Finance of Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 73Kb
September 21, 2003 -- Statement by the Honourable John Manley, Minister of Finance of Canada, given on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
Representing the Constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.
August 01, 2003 -- Economic Resilience with an Exchange Rate Peg: the Barbados Experience, 1985-2000
Author/Editor: Worrell, DeLisle | Codrington, Harold | Craigwell, Roland | Greenidge, Kevin
Series: Working Paper No. 03/168
April 12, 2003 -- IMFC Statement by John Manley, Minister of Finance, Canada, April 12, 2003
The International Monetary and Financial Committee statement on behalf of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines
March 05, 2003 -- Barbados: 2002 Article IV Consultation --Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Barbados
Series: Country Report No. 03/44
March 05, 2003 -- Barbados: Statistical Appendix
Series: Country Report No. 03/45
February 26, 2003 -- Barbados: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, and Payment Systems
Series: Country Report No. 03/35
February 21, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Barbados
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 10, 2003 -- Hard Choices to be Made, Commentary by Anthony Pellechio, Deputy Division Chief, Western Hemisphere Department, IMF
Published in Nation (Barbados)
September 29, 2002 -- Statement by the Hon. Anthony Boatswain, Governor of the IMF and the World Bank for Grenada, on behalf of the Joint Carribean Group, at the Joint Annual Discussion of the Boards of Governors of the IMF and World Bank, September 29, 2002
PDF File Size: 117Kb
September 28, 2002 -- Statement by the Honourable John Manley, Minister of Finance of Canada, to the IMFC Meeting, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines
September 01, 2002 -- Trade and Integration in the Caribbean
Author/Editor: Egoumé-Bossogo, Philippe | Mendis, Chandima
Series: Working Paper No. 02/148
May 01, 2002 -- Caribbean Offshore Financial Centers: Past, Present, and Possibilities for the Future
Author/Editor: Suss, Esther C. | Williams, Oral | Mendis, Chandima
Series: Working Paper No. 02/88
May 01, 2002 -- Caribbean Offshore Financial Centers: Past, Present, and Possibilities for the Future
Author/Editor: Suss, Esther C. | Williams, Oral | Mendis, Chandima
Series: Working Paper No. 02/88
April 20, 2002 -- Statement by the Honourable Paul Martin Minister of Finance and Governor of the IMF for Canada, to the International Monetary and Finance Committee, Washington, D.C., August 20, 2002
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines
November 17, 2001 -- Statement by the Honourable Paul Martin Minister of Finance of Canada, to the International Monetary and Finance Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines
November 05, 2001 -- Inauguration of the Caribbean Regional Technical Assistance Center, Address by Horst Köhler
August 31, 2001 -- Corrected: News Brief: IMF to Coordinate New Caribbean Regional Technical Assistance Center
August 01, 2001 -- Financial System Soundness in the Caribbean: An Initial Assessment
Author/Editor: Worrell, DeLisle | Cherebin, Desiree | Polius, Tracy
Series: Working Paper No. 01/123
August 01, 2001 -- Financial System Soundness in the Caribbean: An Initial Assessment
Author/Editor: Worrell, DeLisle | Cherebin, Desiree | Polius, Tracy
Series: Working Paper No. 01/123
April 29, 2001 -- Statement by the Honourable Paul Martin, Minister of Finance and Governor of the IMF for Canada
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines
December 13, 2000 -- Barbados: Statistical Appendix
Series: IMF Staff Country Report No. 00/161
December 04, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Barbados
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
December 04, 2000 -- Barbados: 2000 Article IV Consultation -- Staff Report; Statement by Staff Representative; Public Information Notice Following Consultation; and Statement of the Barbados Authorities.
Series: IMF Staff Country Report No. 00/158
September 27, 2000 -- Statement by the Hon. Ambrose George, Governor of the IMF for Dominica, on behalf of the Commonwealth Caribbean States who are members of Caricom
PDF File Size: 113Kb
April 16, 2000 -- International Monetary and Financial Committee Statement by The Honourable Paul Martin, Minister of Finance and Governor of the IMF for Canada, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines
March 01, 2000 -- Caribbean Approaches to Economic Stabilization
Author/Editor: Hilaire, Alvin
Series: Working Paper No. 00/73
February 08, 2000 -- Challenges and Opportunities: The IMF and the Caribbean -- Address by Shigemitsu Sugisaki
Given at the High Level Seminar on the Caribbean, St. Peter, Barbados
December 10, 1999 -- Public Information Notice: IMF Concludes Article IV Consultation with Barbados
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
December 10, 1999 -- Barbados: Staff Report for the 1999 Article IV Consultation
Series: IMF Staff Country Report No. 99/142
Notes: Included with the Staff Report are the text of Public Information Notice No. 99/112--IMF Concludes Article IV Consultation with Barbados and a Statement by Mr. Thomas A. Bernes, Executive Director, on November 5, 1999.
December 10, 1999 -- Barbados: Statistical Appendix
Series: IMF Staff Country Report no. 99/144
September 29, 1999 -- Statement by the Hon. Ralph Fonseca, Governor of the IMF for Belize, on behalf of the Joint Carribean Group, at the Joint Annual Discussion
PDF File Size: 12Kb
October 07, 1998 -- Statement by the Hon. Owen S. Arthur, Governor of the IMF and the World Bank for Barbados on behalf of the Joint Caribbean Group, at the Joint Annual Discussion
PDF File Size: 30Kb
April 07, 1998 -- Barbados Recent Economic Developments
Series: IMF Staff Country Report No. 98/23
February 25, 1998 -- Press Information Notice: IMF Concludes Article IV Consultation with Barbados
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
September 24, 1997 -- Statement by the Hon. William C. Allen, Governor of the IMF for The Bahamas on behalf of the Caricom Countries, at the Joint Annual Discussion.
PDF File Size: 32Kb
January 23, 1997 -- Barbados - Statistical Appendix
Series: IMF Staff Country Report No. 96/138
May 10, 1995 -- Barbados - Recent Economic Developments
Series: IMF Staff Country Report No. 95/32
Notes: This report on recent economic developments in Barbados was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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