Sunday, April 28, 2013

IMF forecasts strong growth for the Caribbean

The International Monetary Fund (IMF) says the Caribbean and African countries dubber "low-income countries" are among the fastest-growing economies in the world, but warn that many remain vulnerable to shocks and spill-overs from advanced and emerging markets.

“Low-income countries have worked to develop institutional capacity and build fiscal buffers that they were able to use during the crisis, and now, all the hard work has paid off,” said IMF Deputy Managing Director Min Zhu

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