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Regional economies to record growth this year - CDB

The Caribbean Development Bank (CDB) has projected that regional economies including Jamaica will record growth this year.
 
The region is projected to grow by two percent, compared with 0.6 per cent in 2017.
 
The CDB's Director of  Economics, Dr Justin Ram, said this is mainly driven by a return to growth in Trinidad and Tobago and a 2.3 per cent uptick in Jamaica, which accounts for about a fifth of  the region's Growth Domestic Product.
 
The highest growth rates are anticipated for Anguilla and Dominica as they rebuild from the damage caused by the 2017 hurricanes. 
 
Dr. Ram said Antigua and Barbuda as well as the Turks and Caicos Islands are also expected to have strong growth.


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