Tag Archives: Inflation

INFLATION causes another DOWNGRADE in Barbados

BARBADOS/DEBT/INFLATION (Naked Departure) — Concerned that government continues to finance Barbados’ high debt and deficit through the continued and sustained printing of money, i.e., INFLATION, the Caribbean Information and Credit Rating Services Limited (CariCRIS) today lowered by one notch its ratings on the debt issue of US$300 million of the government of Barbados to CariBBB and CariBBB+ on its foreign and local currency rating, from CariBBB+ and CariA- respectively.

Naked Departure

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