March 22, 2022
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Economy rebounds with 8% growth
The International Monetary Fund says the country’s recovery is “strong” with real GDP growth pegged at eight percent this year.
Bahamas’ growth ‘more than double’ projections
The Bahamas exceeded 2021 economic growth projections by 180 percent, the International Monetary Fund (IMF) revealed yesterday, as it urged this nation to make increased COVID-19 vaccination rates its top priority.
ONE IN SEVEN OUT OF WORK: IMF projects 13.9% unemployment rate as economy recovers
THE International Monetary Fund projects a 13.9 percent unemployment rate this year, still higher than the pre-pandemic rate but a notable decline compared to 2020 and 2021 when the rate was estimated to be 25.6 and 18.1 percent respectively.
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