| Capital | Bridgetown |
|---|---|
| Area Sq Km | 430 |
| Area Sq Miles | 166 |
| Population | 285,653 (appr) |
| Languages | English, Creole |
| Religions | Protestant, Roman, Catholic |
| Currency | Dollar |
| National Day | 30 November, Independence Day |
Barbados
TheBajan economy traditionally relied on sugar production, but persistently lowworld market prices forced the Government to promote economic diversification.Most effort has been concentrated in tourism, which is now the largest employeron the island and continues to show steady growth. Cotton, flowers and plantsare being developed as export products. New light industral projects, such aselectronic components, have fared less well, mainly as a result of fallingdemand in the USA, the principal export market. The island's other importantindustry is oil. Two-thirds of offshore output is exported, with the remainderassigned for domestic consumption. Exploration activities have been intensifiedsince the mid-1990s. In the service sector, Barbados has developed an'offshore' financial industry which now accounts for 15 per cent of GDP.However, in June 2000, Barbados was identified by the Organisation for EconomicCooperation and Development (OECD) as one of 35 'tax havens' whose financiallaws are believed to encourage large-scale tax evasion and money-laundering. Ithas until 2005 to tighten its regime or face sanctions. Barbados receives someoverseas aid from British and American sources and is a member of the Caribbeaneconomic community, CARICOM, which has boosted regional trade. The island has agood transport and communications infrastructure which should assist futureeconomic development. The main trading partners are the USA, the UK and theother CARICOM nations.
TheBritish monarch is head of state and is represented in Barbados by aGovernor-General who is advised by the Cabinet and appoints the Prime Minister.The legislature comprises the Governor-General, a 21-member Senate and the28-strong House of Assembly, members of which are elected by universal adultsuffrage for terms of up to five years.
Articles related to Barbados
Navigate to know where all the embassies and consulates of Barbados are there in the world.
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Dedicate this weekend to enjoy a lot of national and international cuisines prepared by expert hands at the Barbados Food & Wine and Rum Festival from November 19-22.
Come and be part of a spectacular musical extravaganza. Surfer’s Bay in Christ Church will play host to the Virgin Holidays Music Festival for the fourth year
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The Exempt Insurance Act is both modern and flexible and it facilitates the licensing of exempt insurance companies...
The Offshore Banking Act was enacted on July 26, 1979. Its purpose is to provide incentives by way of tax reductions and other exemptions and benefits for offshore banking carried on from within Barba
29/05/2003 Canadian banks will soon be required to know the end beneficiaries of an account, rather than just the name of the entity which is fronting the transaction, according to reports.
it is easy to get married at Barbados and there is no waiting time or minimum length of stay. We give you some important information which will help you get the things done in an easy manner
