Statement by IMF Managing Director Christine Lagarde on Barbados
IMF News, June 1, 2018
Source details
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- Statement by IMF Managing Director Christine Lagarde on Barbados
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Bibliographic details
- Published: June 1, 2018
Context and purpose
- Press Release No. 18/213
- Date: June 1, 2018
- Issued by: IMF Communications Department, MEDIA RELATIONS
- PRESS OFFICER: Randa Elnagar
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
Summary of the statement
- The Barbados economy "has been going through significant challenges for some years."
- The authorities are "developing an economic reform plan designed to address these challenges."
- The authorities have requested assistance from the international community and the International Monetary Fund to help "put the economy back on a path to recovery."
IMF engagement and next steps
- "An IMF team led by Bert van Selm will be visiting Bridgetown to start discussions on how the Fund can support the authorities’ economic plan."
- The IMF’s stated ultimate goal: "to help Barbados achieve higher living standards and more inclusive growth for the years ahead."
Statement by IMF Managing Director Christine Lagarde on Barbados — June 1, 2018.