BRIDGETOWN, Barbados, Advocate – LATER this week the Caribbean Development Bank (CDB) will be having its say on the way regional economies performed in 2012. It is an occasion which many in the region looks forward to since the reports on regional economies allow analysts and other stakeholders to see just how good/bad these islands have been doing in what remains a brutal global crisis. One important consideration expected from the review later this week is what the Bank has been doing to improve its position following the downgrade by one of the international rating agencies. Given all the information that has been coming through from time to time during 2012, it is fair to suggest that the majority of these territories, the Bank’s Borrowing Member Countries (BMCs), did not do much better than was the case in 2011.
