The recently installed Joe Biden administration in Washington is being pushed to provide a multi-million dollar funding initiative to assist Barbados and the various other Caribbean territories with their post-COVID economic revival pursuits.
The matter of the US making available to the region, financial assistance to the tune of Bds.$200 million to help kickstart Barbados and some of the other territories currently afflicted by their respective COVID-19-related economic maladies was mooted last week by the Chief Executive Officer (CEO) of Invest Caribbean, Guyanese-born Dr Felicia Persaud, during a virtual discussion in the course of her participation in a forum on the strengthening of US-Caribbean trade and investment relations under the Biden administration. The forum was sponsored by the Shridath Ramphal Centre.