DESPITE GOVERNMENT’S PUBLIC REJECTION of an International Monetary Fund (IMF) programme, a regional economist says one is bound to come sooner rather than later.
Royal Bank of Canada’s (RBC) group economist Marla Dukharan made the prediction as she offered her outlook on the Barbados economy for 2017.
Commenting in the most recent issue of Caribbean Strategic Research, published by Global News Matters, which is based in Houston, Texas, United States, Dukharan said that with a general election expected within the next 12 months, “things may not operate normally”.
According to the Trinidadian economist: “In such situations, governments are typically less likely to exercise fiscal prudence and implement any major policy shifts that could possibly jeopardise their chances of staying in power.” (GE)
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