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Notice of the 1st Report of the Bert Monitoring Committee

Notice of the 1st Report of the Bert Monitoring Committee

February 21, 2019

The BERT Monitoring Committee (The BERT MC), 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 Government of Barbados (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”).

The BERT MC has received reports from the GOB on its progress for each of the months of October through December 2018 and will make its first public report at a press conference on Friday, February 22, 2019.

We invite all to pay attention to this report which will be highlighted in the media.