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Jamaica was hit hard by the pandemic. An early lockdown in the Spring of 2020 helped contain the number of Covid-19 cases but the impact on the economy was severe, with real GDP shrinking by 10 percent. To counter the social and economic effects of the pandemic, the government temporarily...
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The fallout from the COVID-19 crisis is hitting ECCU economies hard. Tourism receipts (accounting for nearly 40 percent …
Persistent link: https://www.econbiz.de/10012516463
infections in the summer. The economic impact of COVID-19 is particularly severe given Aruba's high dependency on tourism. While …
Persistent link: https://www.econbiz.de/10012517680
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Natural disasters and climate change are existential threats to Grenada, with annual losses from these events estimated at 1.7 percent of GDP. Grenada has proactively pursued resilience-building, with its Climate Change Policy and National Adaptation Plan providing detailed roadmaps for...
Persistent link: https://www.econbiz.de/10013168774
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by a sharp reduction in tourism receipts that affected connected sectors and by lockdown measures to limit virus …
Persistent link: https://www.econbiz.de/10013169010
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The topics discussed in this report are tax regimes for small taxpayers (Chapter II) and the tax treatment of special economic zones (Chapter III). Although these aspects of the tax system have little direct effect on public finances, they affect many people and how those people make decisions...
Persistent link: https://www.econbiz.de/10013169078
The pandemic interrupted ten years of growth, but El Salvador is rebounding quickly. Robust external demand, resilient remittances, and a sound management of the pandemic-with the help of a disbursement under the Rapid Financing Instrument (RFI) (SDR287.2 million or USD 389 million) approved in...
Persistent link: https://www.econbiz.de/10013169135