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Growth prospect event for small states

The Caribbean’s diverse economic features share attributes that make them especially vulnerable to shocks, including dependence on imports of essential goods, highly concentrated economies, elevated levels of debt, reliance on external financing, and susceptibility to natural disasters and climate change.

Given that the region is expected to see a slowdown in growth, with an estimated 5.6% growth in 2023 and 5.7% in 2024, compared to 7.7% last year, there is a need for policies to boost investment growth, tailored to country circumstances but also include comprehensive fiscal and structural reforms, including repurposing of expenditure on inefficient subsidies.

Join us to discuss how the Caribbean can mitigate future shocks and build resilience.

Provide your questions in advance to or via Twitter using #AskWBCaribbean.


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