IDB Caribbean Quarterly Bulletin – Q3 2021
The Inter-American Development Bank (IDB) has released its Q3 2021 Caribbean Quarterly Bulletin focusing on the evolving economic and human consequences of the ongoing COVID-19 outbreak for countries in the Caribbean region. For Barbados, the report outlines the following regarding Digital Infrastructure: Barbados requires an estimated investment of US$10.6 million to close the digital infrastructure gap The gap for mobile broadband amounts to US$10.3 million, while the gap for fixed broadband is less significant at US$286,163. Closing this gap is crucial to increase employment and contribute to sustainable economic growth. Barbados is making good progress in its digital transformation of public sector administration and in improving service quality. The IDB – supported project aims to achieve (1) greater use of digit al channels by individuals and companies to access public services; (2) greater efficiency in public sector administration; and (3) strengthened public sector skills to operate in a digital economy.…