President of the Barbados Economic Society Jeremy Stephen said Thursday’s downgrade of the Barbadian economy by Moody’s was inevitable since the Freundel Stuart administration lacked the will to implement the necessary corrective measures. Six days after Standard & Poor’s (S&P) downgraded the Barbados economy, Moody’s Thursday downgraded the island’s Government bond and issuer ratings to Caa3. The […]
President of the Barbados Economic Society Jeremy Stephen said Thursday’s downgrade of the Barbadian economy by Moody’s was inevitable since the Freundel Stuart administration lacked the will to implement the necessary corrective measures. Six days after Standard & Poor’s (S&P) downgraded the Barbados economy, Moody’s Thursday downgraded the island’s Government bond and issuer ratings to Caa3. The […]