June 2020 Economic and Financial Review

June 2020 Economic and Financial Review THE COMMONWEALTH OF DOMINICA

THE COMMONWEALTH OF DOMINICA

Overview

Preliminary estimates indicate that

introduced measures to contain the spread

economic activity in the Commonwealth

of the virus in the country.

The construction sector is estimated to have

of Dominica declined in the first half of

declined in the first half of the year, as both

2020, due to the COVID-19 pandemic.

public and private sector projects were

The estimated time for recovery will be

temporarily stalled due to lockdown and

partly dependent on the pace of recovery of

curfew restrictions and private sector starts

major trading partners.

declined by 57.3 per cent. However, there

were a few capital projects that resumed in

Real Sector Developments

the latter part of the second quarter including

Economic activity in the Commonwealth

the Edward Oliver Leblanc Highway

of Dominica is estimated to have declined

Rehabilitation, the Roseau Enhancement

in the first half of 2020, relative to the

Project and the construction of the

first six months of the previous year. This

Tranquility Bay Beach Hotel. In the

development is attributable to the

manufacturing sector, production was

COVID-19 pandemic, as the government

adversely affected by the implementation of

COVID-19 containment measures as well as

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