Monday, December 23, 2013

The Bahamas rated as most prosperous nation in CARICOM

The World Bank has rated the Bahamas as the wealthiest Caribbean Community (CARICOM) country.

The financial institution said that the Bahamas is most economically prosperous country relying on tourism to generate most of its economic activity. It said that the tourism industry not only accounts for over 60 percent of the Bahamian gross domestic product (GDP), but provides jobs for more than half the country’s workforce.

After tourism, the next most important economic sector is

More details here...

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