Barbados: IMF credit line, Borrowers' Platform bid, Saint Lucia fisheries visit, sugar harvest crisis, NIS reform

Fri, 15 May 2026 00:00:00 +0000

Barbados secures US$260M IMF credit line as Mottley warns of Gulf War oil shock

Barbados has secured a US$260 million precautionary credit line from the IMF as Prime Minister Mia Mottley warned that escalating global conflict and oil market disruption could trigger economic shocks. The country on Thursday cleared one of two stages in finalising the stand-by arrangement, which Mottley described as an insurance policy. IMF mission chief Michael Perks announced the staff-level accord at Ilaro Court. The three-year arrangement now goes to the IMF executive board for likely June approval. The Fund’s assessment of Barbados remained substantively positive: 2.7% growth, 0.9% inflation, strong labour market.

Gulf-War on The Tradewinds Brief

Barbados: IMF credit line, Borrowers' Platform bid, Saint Lucia fisheries visit, sugar harvest crisis, NIS reform

Barbados secures US$260M IMF credit line as Mottley warns of Gulf War oil shock