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2018 Annual Economic and Financial Review

EXECUTIVE SUMMARY

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iii

Eastern Caribbean Central Bank

vulnerable. Risks intrinsic to the ECCU include the governments’ inability to close their fiscal

financing gaps and source concessionary funding to support a growth-enhancing agenda.

Additionally, climate risks and escalating crime rates around the region and negative spill-off

effects associated with climate change are potentially detrimental to the thriving tourism

industry. These risks could de-rail economic gains, if not addressed adequately. On the upside,

domestic policies to spur growth and enhance resilience augur well for the region’s development

prospects.