BERT MONITORING COMMITTEE PUBLIC REPORT

Since its last report, the BERT MC has continued to receive reports from the Government of Barbados (GOB) on its progress for each of the months of July through September 2019 towards the targets agreed in the Memorandum of Economic and Financial Policies (“MEFP”) agreed with the IMF within the Extended Arrangement under the Extended Fund Facility for Barbados (“EFF”). This report coincides with the fourth set of targets under the EFF on which the BERT MC now comments, and on which the IMF executive board will conduct its second review under the EFF.

The BERT Monitoring Committee, an independent sub-committee of the Social Partnership with additional representation from the Domestic Barbados Creditors Group (“BCG”) is primarily responsible for monitoring the progress that the GOB is making in respect of its commitments and targets agreed in the Memorandum of Economic and Financial Policies (“MEFP”) agreed with the IMF within the Extended Arrangement under the Extended Fund Facility for Barbados (“EFF”).

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Date Posted	November 25 2019
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