Friday, November 22, 2024
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HomeNewsCaribbean NewsCDB Regional Report: Economic Review 2020 and Outlook 2021

CDB Regional Report: Economic Review 2020 and Outlook 2021

BRIDGETOWN, Barbados —  2020 was a year of unprecedented global economic challenge due to the spread of the COVID-19 pandemic. Almost all of the Borrowing Member Countries of the Caribbean Development Bank (CDB) experienced economic contraction in 2020. However, a return to growth is forecast for 2021.

Related: Regional economic growth projected at 3.8 percent in 2021, CDB reports

 

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