AGP Executive Report
Last update: 9 hours agoDebt and Healthcare: Barbados plans to launch a $1.2bn debt-for-health swap by January, aiming to unlock more than $320m in savings for healthcare and other social programmes, including efforts to tackle childhood obesity. Hospital Modernisation: The Queen Elizabeth Hospital has ordered $82m in equipment, is commissioning its first MRI scanner and is digitising patient records as a wider redevelopment moves ahead. Regional Industry: CARICOM teams will assess whether the region can meet demand for paints, cement, glass bottles and bitumen, informing future tariff decisions. Climate Investment: A Caribbean sustainability bond launched in Barbados aims to raise up to US$250m for resilient infrastructure, renewable energy and water projects. Airport Upgrade: An $80m Grantley Adams International Airport expansion is expected to start in November, adding four jet bridges and redesigning the terminal over 12 months. Agriculture and Tourism: Barbados’ new Bajan Harvest Hub aims to connect farmers with hotels and other hospitality buyers, helping reduce import reliance and improve supply of local produce. Economic Outlook: The World Bank forecasts Barbados’ economy will grow 2% in 2026, as tourism-dependent economies face a more moderate recovery than oil producers.
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