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The 2018 hurricane season draws to a close having largely spared the Caribbean, a merciful contrast to the catastrophe of 2017. Barbados’s IMF programme negotiations near conclusion as the Mottley government demonstrates fiscal commitment, and the winter tourism season opens with strong advance bookings.
One year after Hurricanes Irma and Maria reshaped the Caribbean, this edition surveys reconstruction progress, the transformation of the regional property insurance market, and how affected territories are translating disaster into a platform for resilient rebuilding.
August 2018: Caribbean hurricane preparedness dominates the agenda as the 2018 season peaks; Barbados IMF talks advance under PM Mottley; the economic recovery trajectory across the region strengthens despite elevated construction costs.
Caribbean property markets hold steady as the 2018 hurricane season reaches its peak, with unaffected islands sustaining strong tourism momentum. Barbados PM Mottley’s three-month-old administration accelerates economic reform discussions while the region reflects on its improved preparedness versus the 2017 catastrophe.
