The day-to-day role of Government, and of the Central Bank, is to provide information on the performance of the international markets which are of principal interest to Barbadians, and the potential implications for Barbados. In addition, government may provide support for the private sector in strategic areas and activities.
In the tourism sector, Government has provided support measures to maintain tourism competitiveness in a tough market. It has negotiated to maintain airlift to Barbados, it has joined with other Caribbean countries to protest the inequity of treatment in the way the UK travel tax is being applied, and it has provided support and guarantees for private investment in a major tourism project.