IMF Sees Caribbean Economy Shrinking 6.2% in 2020 Due to Pandemic - News Summed Up

IMF Sees Caribbean Economy Shrinking 6.2% in 2020 Due to Pandemic


Remittances - financial transfers from citizens living abroad - were expected to fall sharply since the United States, Britain and Canada were also in deep recession, it said. Remittances average about 7% of the region's economic output, but exceed 15% of gross domestic products in Haiti and Jamaica.


Source: International New York Times April 30, 2020 02:26 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */