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2018 Annual Economic and Financial Review

MONTSERRAT

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78

Eastern Caribbean Central Bank

celebrations are expected to provide an

additional boost to the tourism industry in

2019. Such developments are likely to

contribute to improvements in the ancillary

sectors such as wholesale and retail trade and

transport, storage and communications.

One of the major downside risk to overall

economic performance in 2019 is a

disorderly Brexit outcome, such as a no-

deal result

. This could affect the timely access

to crucial budgetary aid, which would disrupt

the implementation of development projects to

restore the island’s infrastructure. In addition,

further limitations to air access is another

factor that could impede the plans for boosting

visitors arrivals to the island as well as a

heighten threat of volcanic eruptions and

natural disasters.