Topic: Economic outlook
Cayman’s economy set to outperform Caribbean in 2026
Recent data from the Economic Commission for Latin America and the Caribbean shows that Cayman benefits from higher economic growth and lower debt than most of its neighbours.
Moody’s: Cayman’s economic outlook remains stable
International credit rating agency Moody’s Investors Service has released its biannual credit rating for the Cayman Islands.
OECD boosts economic outlook
The Organisation for Economic Cooperation and Development on Wednesday presented an improved economic forecast compared to its June outlook, projecting a global GDP fall of 4.5% this year followed by 5% growth in 2021.
OECD: Extraordinary policies needed to overcome recession
World economic output is forecast to plummet 7.6% this year, before climbing back 2.8% in 2021, if a second outbreak of COVID-19 triggers a return to lockdown measures. If a second wave of infections is avoided, global economic activity is expected to fall by 6% in 2020 and OECD unemployment to climb to 9.2% from 5.4% in 2019.
Economist: Hit from COVID-19 could go beyond 2021
economist Marla Dukharan writes in her COVID-19 Caribbean Economic Impact Report,
