Caribbean Economic Report, July 2018

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 growth with EAI up 6.6% y/y at May. Guyana’s growth fell to 2.2% in 2017, with a contraction in mining and weak agro performance. Jamaica registers 1.2% growth in Jan-Mar 2018. Suriname’s current account deficit fell in 2017 on higher gold exports. T&T records BoP deficit in 2017 from net outflows on capital account. 

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