2020 Annual Economic and Financial Review

2020 Annual Economic and Financial Review

COMMONWEALTH OF DOMINICA

Anichi Resorts, Jungle Bay Hotel and the Tranquility Beach Hotel. The agricultural sector is expected to continue to grow and positively contribute to the country’s economy. Tourism is expected to rebound in the latter half of the year, as source countries have commenced robust vaccination programmes. The risks are tilted to the downside and include a deceleration in revenue from the Citizenship by Investment Programme, fewer than expected

grant receipts and/or delays in the disbursement of loan or grant funds. In addition, the country remains vulnerable to external shocks such as adverse weather and weak recovery prospects of trading partners.  On the upside, with the robust vaccination programme taking place and more testing methods becoming available, the global economy could recover faster than expected, which would have a positive impact on the economy of the Commonwealth of Dominica.

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