IMF says Caribbean economies to grow by 3.5 % but dangers remain | RJR News

IMF says Caribbean economies to grow by 3.5 % but dangers remain | RJR News: "Caribbean economies are expected to grow by 3.5 percent in this year and next year, according to the Washington-based International Monetary Fund (IMF).

It says Latin America and the Caribbean is “on a glide path to steady growth” as the global economy picks up pace.

But the financial institution is warning that “dangers remain.”

In its latest, World Economic Outlook report, the IMF said the swings in risk aversion in global markets over the past six months have had significant effects on Latin America and the Caribbean (LAC) forecasting “moderate” growth of 3.75 percent in the region this year and four percent in 2013."

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