Bridgetown.
The slow pace recovery in the global economy and a lacklustre performance in the tourism sector has a negative impact on Barbados.
As a relult, there was not much growth output for the first nine months of the year, this was reported by the Central Bank of Barbados in its latest review of the economy.
The review shows growth of 0.1 percent, foreign exchange losses of $108 million to date, unemployment at 12.2 percent of the labour force ,a higher fiscal defict and a inflation rate of 7.8 percent.
In his review of the economy form Janauary to September, Governor of the Central Bank Dr Delisle Worrell said the economy continues to grapple with the challenges posed by the protracted weakness in the global recovery.
