Mia Mottley Barbados

As 2019 gets underway, the Caribbean investment community assesses a landscape shaped by Barbados’s new IMF programme, rising US interest rates, continuing post-hurricane reconstruction, and the imminent prospect of Guyanese first oil. Jamaica’s macroeconomic success provides the region’s most encouraging template.

A comprehensive year-end review of Caribbean property and investment in 2018: the region’s remarkable recovery from the 2017 hurricane catastrophe, Barbados’s landmark IMF programme signed in October, Jamaica’s fiscal success story, and the themes that will define 2019.

Barbados secures a landmark IMF programme in October 2018, providing a credibility anchor for the island’s fiscal reform. As the Caribbean holiday tourism season peaks, Dominica marks 14 months of slow-but-steady reconstruction and Jamaica’s property market closes the year on strong footing.

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.

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.

Caribbean summer tourism delivers record-breaking results for unaffected islands as post-Irma visitor diversion continues to benefit Jamaica, Barbados, and the Dominican Republic. Barbados PM Mottley’s two-month-old government accelerates IMF discussions while the construction sector booms across reconstruction territories.

Caribbean investment outlook strengthens as post-Irma and Maria reconstruction drives a regional construction boom. Barbados welcomes its new Mottley government with an ambitious economic reform agenda, while Guyana’s oil development draws global attention.