Much of this forward planning rests on economic growth in the present. The IMF recently released an economic outlook for the Caribbean in which the Bahamas finished middle of a table of regional GDP growth projections. It finished seventh out of 16 countries, on 2.5% for 2012, below the average growth of 3.5% (down from 4.3% last September) for the region, but above the region’s powerhouses: Trinidad & Tobago (1.7%), Jamaica (1%) and Barbados (0.9%). GDP growth for 2013 was projected at 2.7% (see sidebar).
DOMINICAN REPUBLIC | Medina opens up gap. With just over a fortnight to go until elections on 20 May, the presidential candidate for the ruling Partido de la Liberación Dominicana (PLD), Danilo Medina, has carved out a small but potentially significant lead over former president Hipólito Mejía (2000-2004), of the main opposition Partido Revolucionario Dominicano (PRD). A poll by Gallup put Medina on 51% with Mejía on 45%, with a margin of error of 2.8%. At the turn of the year, they were separated by next to nothing. Another recent poll, however, by Penn and Schoen put Medina just two percentage points clear (46%-44%).
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