Bahamas increased VAT rate takes effect July 1. Barbados announces fiscal adjustment of BBD1.2B. Cayman projects 8.4% growth in construction sector in 2018. DomRep continues broad-based
Barbados faces General Election May 24 with international reserves at 22-year low, Cayman gov't finances capital projects without debt amidst growth and fiscal surpluses, Cuba
Crime will undermine even the most outstanding economic performance. Barbados foreign reserves continue downtrend; Cayman records 2.4% growth in 2017; DomRep's international reserve up 28%
#EvenItUp Global Growth Strengthens and so does Inequality; Barbados int’l reserves down 44% y/y in Nov; Cuba challenged by availability of foreign currency; DR receives
May 27, 2018
Marla reviews the most immediate challenges facing Barbados following the 2018 General Election. This Q&A reviews the impacts of fiscal overspending, why growth is low,
May 17, 2018
On May 10, 2018 at the Mid-Year Fiscal Budget Review, the Minister of Finance made a surprising announcement that the economy of T&T had “turned
May 8, 2018
The quarterly economic update provided by the Governor of the Central Bank contained many important data revisions and insights – some of which may not
July 16, 2018
The National Investment Fund (NIF) bond issuance by government is consistent with government's plans outlined in the budget to finance its deficit through borrowing, drawdowns from the HSF, and divestment of state assets. The way in which this proposed TTD4 billion will be raised, poses some questions and issues, which Marla discusses in this Q&A.
April 28, 2018
S&P has revised the outlook downward on its sovereign credit rating for Trinidad & Tobago, citing macroeconomic risks and external imbalances and coinciding with my view that such imbalances may deplete external assets “faster than expected.” The rating was left at BBB+.
January 29, 2018
The IMF’s Article IV Staff Report on Trinidad & Tobago published in November 2017 validated Marla's view that around 2021 - 22, if everything continues as is, T&T may run into a Balance of Payments crisis, and have to ask the IMF for support.