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Analysis of Barbados' Current Economic Performance - 2014

Analysis of Barbados' Current Economic Performance - 2014 graphic
From the analysis: The Central Bank's economic growth forecast is based principally on expectations for the tourism sector and on major investment projects planned by the private sector and by Government. The forecast takes into account the strategies for strengthening the competitiveness of the foreign exchange sectors, and the potential growth of alternative energy production. Growth is expected to accelerate slowly from less than one percent in 2014 to about 1.6 percent in 2015 and between 2 percent and 3 percent thereafter.