Wednesday, February 12, 2014

Caribbean Development Bank states that Caribbean recorded modest economic growth in 2013

The Caribbean Development Bank (CDB) Tuesday said that regional countries experienced average economic growth of 1.5 per cent last year as compared with 1.2 per cent in 2012. But the CDB said the region is likely to record average economic growth of 2.3 per cent in 2014. “Led by Guyana, Haiti and Suriname, growth is expected for all 19 BMCs (Borrow Member Countries), with most again set to grow by one to three per cent.

“The recovery in regional tourism is expected to strengthen with

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