Caribbean & Central America - January 2018 (ISSN 1741-4458)

*** GROWTH TO PICK UP FOR SVG. The International Monetary Fund (IMF) concluded an Article IV consultation with St Vincent & the Grenadines in mid-December. The conclusion was that while growth will prove to have been relatively flat in 2017, at around 1.0%, it should pick up to 2.1% in 2018. This will be a relief after four years of flat growth, starting with 0.3% in 2014, 0.9% in 2015, and 0.8% in 2016. In the medium term, the IMF projects that “strong spillovers from the new airport, the construction of a modern port, and launching the geothermal project could support growth”.

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