Businesses could gain wider access to financing and new regional markets under a government-backed push to accelerate an export-led economy, as CAF – Development Bank of Latin America and the Caribbean signals readiness to expand support for private sector growth and public-private partnerships.

The issue took centre stage during a high-level private sector dialogue hosted by CAF and the Ministry of Finance, where business leaders, financial institutions and government officials discussed how new financing tools could help companies scale up production, enter new markets and drive economic growth.

The discussions come just weeks after Prime Minister Mia Mottley warned that Barbados was at a “critical historical crossroads” and needed to urgently shift towards an export-led model, stressing that businesses must expand beyond the domestic market if the country is to sustain long-term growth.