IMF Forecasts Saint Kitts and Nevis To Be The Second Fastest Growing Country In The Caribbean
/From 2021 to 2025, Saint Kitts and Nevis will grow at the fastest and highest rate in the entire Caribbean region after the current pandemic-driven recession, according to the International Monetary Fund (IMF). Saint Kitts and Guyana are forecast to be the top economies in terms of growth in 2021.
"The projected growth expectation for the years 2021 and 2025 for some CARICOM countries are Guyana (8.1 percent) Barbados (7.4 percent and 1.8 percent), Belize (8 percent and 2 percent), Jamaica (3.6 percent and 2.1 percent), St. Kitts and Nevis (8 percent and 2.7 percent) and St. Lucia (7.2 percent and 1.8 percent).
For the region of Latin America and the Caribbean, the IMF projects positive growth in 2021 with a real GDP projection of 3.6 percent."
The IMF said in its World Economic Outlook report that the global economy will contract 4.4% this year. According to forecasts in June, this figure was 5.2%. However, the International Monetary Fund is quite optimistic about the growth of the global economy in 2021. The recovery will be "long, uneven and uncertain."
Diversify your investment portfolio and consider Saint Kitts and Nevis Citizenship by Investment program. The ability to obtain citizenship within 60 days, 140 visa-free countries, zero taxation, and much more. This is what the country has to offer for future foreign investors.
Hurry up to participate in the Citizenship by Investment program while there is a limited-time offer (until the 15th January 2021):
Main applicant + spouse: US$150,000 instead of US$175,000
Family of four: US$150,000 instead of US$195,000
Still have questions? Ask NTL Trust professional!
Source: zizonline
Follow us:
Instagram | Facebook | LinkedIn | Twitter | Telegram | YouTube
