Caribbean Economic Report, October 2023
Barbados upgraded by Moody’s to B3 with a stable outlook, Jamaica upgraded to BB- by S&P, S&P stresses Bahamas’ high dependence on tourism at 40% of GDP, Cuba’s power shortages continue to stunt growth, DomRep growth forecast lowered to 3% for 2023, TotalEnergies announces USD9 billion investment in Suriname, T&T’s budget 2023/24 reveals aggressive stance toward FX repatriation…