Economy / Barbados
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Macroeconomic Forecast Barbados
June 2006 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: The Caribbean Development Bank estimated that real GDP growth was 3.9% in 2005. The main driver of growth was construction, which expanded by a real 13.5% on the back of low interest rates and government spending in preparation for the 2007 Cricket World Cup. Preparations will intensify throughout 2006 with the approach of the cricket tournament, sustaining the construction boom and leading to growth of