AGP Executive Report
Last update: 10 hours agoRegional Investment: Barbados is among the Caribbean countries covered by a US$340 million funding package targeting projects in energy, critical minerals, ports and digital infrastructure. Energy Costs: Barbados Light & Power’s fuel adjustment rose 19.8% for October, adding about $22 to the average residential bill; consumer advocates are seeking a clearer breakdown as fuel-market volatility continues to push up costs. Economic Outlook: The Central Bank says Barbados is resilient, with growth near 2% in 2026, though tourism has softened amid shorter stays, higher airfares and reduced capacity. Fisheries: Oistins operators say diesel can cost up to $7,000 for a single fishing trip, while tighter credit and rising maintenance expenses are squeezing the industry and making it harder for new entrants.
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