Wednesday, December 30, 2015

The International Monetary Fund (IMF) headquarters in Washington. (Photo: AFP)

 

Developing

countries, including those in the Caribbean, will face an uncertain global economic situation in 2016, based on the weakening of the global economy during this year.

A new study by the International Monetary Fund (IMF) has identified the critical explanatory factor as being the substantial decline in commodity prices during the past 18 months. A very important development which has had both negative and positive implications has been the drop in the price of oil.

http://www.jamaicaobserver.com/editorial/Uncertain-external-economic-outlook-for-Caribbean-_47293