As the world and by extension Caribbean economies reel from the impacts of the COVID-19 pandemic, it is believed that special effort will have to be undertaken in order to combat the debilitating impacts and chart a path of positive recovery for the region.
Inter-American Development Bank’s (IDB) resident representative for the Caribbean country department, Therese Turner- Jones, said that as the virus progresses it will take the region some time to get back on track in the post-virus era.
“My short-term outlook is grim because it’s going to take some time for our main sources of income to recover. For the rest of this year we are really going to have to adjust our expectations of growth as it’s going to be negative throughout this region,” she said while speaking in an interview with the Jamaica Observer recently.
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