Puerto rico --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- trinidad & tobago -.- -.- --.- -.- --.- -.- -.- -.- -.- -.- -.- -.- e/f = BMI estimate/forecast; Source: BMI, Respective Central Banks And National Statistics Agencies - Business Monitor International Ltd www east caribbean Q- ---- composite rating BMi risk ratings � BMi risk ratings � Guyana BMi risk ratings � trinidad & tobago BMi ratings � east caribbean table caribbean sWots -- Executive Summary -- core Views Major Forecast changes Key risks to outlook chapter -.-: political outlook - -- Domestic politics -- intra-party Dissent threatens austerity policies < ALACRA META ABSTRACT>While the political opposition has long criticised the fiscal austerity measures implemented by the government of Barbadian Prime Minister Freundel Stuart, opposition from within his Democratic Labour Party is growing, leading us to believe that the potential for a policy reversal is greater than it has been in the past. If the reforms were to be watered down, we would see greater likelihood that Barbados would be unable to address its fiscal and current account imbalances on its own, pushing it closer to turning to international lenders to avert a balance of payments crisis. ...If the reforms were to be watered down, we would see greater likelihood that Barbados would be unable to address its fiscal and current account imbalances on its own, pushing it closer to turning to international lenders to avert a balance of payments crisis. chapter -.-: economic outlook - Barbados -- Fiscal policy -- Growing risk of Greater Fiscal Deterioration in ---- While austerity measures passed by the Barbadian parliament in late ---- have contributed to a contraction in expenditure, revenues continue to collapse due to high unemployment and weakness in the island s tourism sector. As a result, we believe the recent rally in Barbadian debt yields may be premature given the growing risk for continued fiscal deterioration in ----. ...Indeed, ethno-political divisions, tensions between the executive and legislative branches, and inadequate fiscal resources to combat drug trafficking will continue to cap the country s scores in the `social stability , `policy making and `security/external threats components of our ratings.
...- Business Monitor International Ltd www east caribbean Q- ---- trinidad & tobago BMi s ratings rank states in terms of political risk, the economy and the quality of the business environment. There are four ratings: a composite rating, a political rating, an economic rating and a business environment rating. ...There are four ratings: a composite rating, a political rating, an economic rating and a business environment rating. poLiticaL risK rising crime Denting prime Minister s popularity Trinidad & Tobago retains its score of --.- (out of ---) in our Short-Term Political Risk Ratings this month, which ranks well below the regional average of --.-. Prime Minister kamla Persad-Bissessar s popularity has been hit by rising crime in recent months, challenging her ---- campaign promise to address the country s persistent security chal- lenges. ...We forecast the budget deficit to increase to -.- of GDP in ----, compared to an estimated -.- of GDP in ----. That said, stronger economic growth � we forecast real GDP growth
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