IMF predicts strong but uneven growth for Caribbean

By Youri Kemp
Caribbean News Now associate editor

WASHINGTON, USA — In its October 2018 Regional Outlook Report for The Caribbean, the wider South America and Central America, the International Monetary Fund (IMF) has predicted strong but yet uneven growth for the Central American and Caribbean region over the next two years.

For the Caribbean and Central American region, the IMF said that recent negative revisions to the effective forecasts hinged on the impact the United States had on their dependent economies with regard to higher tariffs and increased trade costs.

However, due to increased employment prospects in the USA, tourism for the Caribbean is expected to produce an upswing large enough to absorb some of the negative impact from…

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