NASSAU, BAHAMAS — Economic Affairs Minister Michael Halkitis says a recent report released by the International Monetary Fund (IMF) is welcomed “good news,” which heralds a robust rebound for the country’s economy heading into 2024.
The IMF report, which was released in October 2023, projected that the country’s economy would have grown by 1.8% heading into 2024. However, following a recent meeting with government heads, the international economic watchdog has said it will improve that rating to stand at 2.3% growth heading into 2024.
“To have them endorse our position that our economy will be growing faster is very, very important,” he said.
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