Daily oil manufacturing in 2004 averaged 1,000 barrels; natural fuel manufacturing was 1 billion cu ft in 2003. According to the Oil and Gas Journal, confirmed oil reserves in 2005 totaled 2.9 million barrels. As of the start of 2000, Barbados was planning to denationalise its power firms, including the National Petroleum Corporation and the Barbados National Oil Company .
A legitimate passport and onward/return ticket are required of all visitors getting into Barbados. Visas aren’t required for residents of the United States, Canada, or Australia, but visas are required for residents of some seventy eight countries.
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International youth organizations embody four-H Clubs, Boy Scouts, Girl Guides, YMCA, and YWCA. Other youth organizations embody the Anglican Young People’s Association, the Caribbean Youth Business Network, the Caribbean Youth Environment Network, the Guild of Undergraduates of Barbados, and the League of Progressive Youth.
There are numerous sports activities associations in the nation, selling such pastimes as monitor and subject, weightlifting, badminton, and garden tennis. The Barbados Museum and Historical Society is a key organization for the preservation and promotion of artwork and tradition. The Evangelical Association of the Caribbean and the Caribbean Conference of Churches are multinational organizations based mostly click here within the country. The Constitution of Barbados supplies for freedom of expression and the government is claimed to uphold freedom of speech and press.
The Barbados Housing Authority is empowered to acquire land, construct housing initiatives, and redevelop overcrowded areas. Rising land prices continued to be a hindrance to new house development, but since 1996, the federal government has been looking at new methods to assist personal house owners finance land and residential purchases. Also since 1996, the federal government has initiated a brand new building code to enhance present constructions, significantly specializing in renovations that may forestall destruction from hurricanes. The economic system recovered properly from its 1990 recession, and showed signs in 2005 of bouncing back from the submit-eleven September 2001 slowdown. The IMF and US State Department each describe Barbados as a healthy, open economic system with regular progress charges, low inflation, and falling unemployment.
Production in 2002 totaled 800 million kWh, with consumption at 744 million kWh for that year. Fossil fuels met a hundred% of energy demand (petroleum roughly ninety five% and pure fuel the rest). The world oil disaster of the mid-Nineteen Seventies initiated an lively seek for business deposits of oil and pure fuel. Limited pockets of pure gasoline were discovered, and oil was found in St. Philip Parish.
The US Central Intelligence Agency estimated that in 2000 Barbados’s central authorities took in revenues of approximately us$847 million and had expenditures of us$886 million. Revenues minus expenditures totaled roughly -us$39 million. Barbados consistently imports more than its exports, which has caused it historically to operate with a unfavorable commerce balance.
That imbalance has widened in recent times, raising some considerations among international lending authorities such as the International Monetary Fund . The Cave Hill Campus of the University of the West Indies has faculties in medicine and social sciences. Barbados Community College, based in 1968, presents coaching in science and expertise. The Barbados Museum and Historical Society, in St. Ann’s Garrison, established in 1933, has collections illustrating the island’s geology, prehistory, pure historical past, and marine life. Electricity provide and distribution is managed by Barbados Light and Power, a private firm beneath authorities concession.
There have been 6,210 resort rooms that yr with 10,770 beds and a forty nine% occupancy fee. According to 2005 US Department of State estimates, the daily value of staying in Barbados between December and April was us$394. Barbados, with its fine beaches, sea bathing, and pleasant climate, has long been a preferred vacation resort. Cricket is the national sport, adopted by surfing, sailing, and other marine pastimes.
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The island is geographically isolated and provides few sophisticated cultural amenities, however the solar shines almost every day, and the ocean beckons to visitors all year long. From quiet coves to sprawling, luxurious resorts, Barbados is well-equipped for tourism. A renowned tourist mecca, Barbados is, in many ways, essentially the most superior of the smaller Caribbean islands, and it enjoys its position as a stable, impartial state within the British Commonwealth.
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The government prohibits the manufacturing of pornographic supplies. CBS) and a commercial rediffusion service that broadcasts over a cable network.
There is also advanced training for adults on the Extramural Center of the University of West Indies, the Erdiston Teachers Training College, and the Samuel Jackman Prescod Polytechnic. There are special colleges for the deaf, blind, and mentally retarded, together with two residential establishments for disabled individuals.
Deposits of limestone and coral were quarried to meet native construction needs. Preliminary production figures for hydraulic cement in 2003 totaled 330,000 metric tons.