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Wednesday, July 14

Gloomy outlook

NationNews - Barbados: "Central Bank Governor Dr Delisle Worrell says the outlook for Barbados’ economy is uncertain.

He also believes the economy is likely to feature unemployment, increased inflation and marginal growth in real output to year-end.

In his review of the economy for the first six months of 2010, he said: “The remainder of the year is clouded in uncertainty; about the strength of the recovery in Barbados’ main tourism markets; about the prospects for tourism globally and regionally; about future energy prices in the wake of the oil spill in the Gulf of Mexico; and with regard to the volatility in international financial markets.”
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