The Barbados Advocate

Top News (5/24/2013)

Head of Research for First Citizens Investments Service Group. Vangie Bhagoo-Ramrattan.

Major issues to tackle

By RuthMoisa Alleyne

A falling tourism market share, ongoing limited fiscal flexibility and reduced competitiveness, are among the top problems facing the region to date.

This is according to Vangie Bhagoo-Ramrattan, head of Research for First Citizens Investments Service Group.

Speaking yesterday morning during a market outlook seminar hosted by the Barbados subsidiary of that group at the Hilton, the lead researcher told an audience of business and investment stakeholders that though the region was set to see returns in investor confidence and an upturn in economic growth, albeit minimal in 2013 and 2014, there were still some major areas of concern to which governments and the private sector needed to address their attention.

Noting that several of the region's members had seen downgrades within the last year, the latest being Jamaica and Grenada in February and March 20...

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