Tourism Growth To Drive Recovery In Dominica
- Economic activity in Dominica will return to growth in the quarters ahead as the rollout of vaccinations in tourism source markets boosts tourism activity.
- Private consumption will also recover as tourism activity and loosened public health restrictions boost employment.
- Fitch Solutions has revised its real GDP forecast for 2021 to 3.0% y-o-y, from 2.1% previously, due to base effects and the sooner-than-expected availability of COVID-19 vaccines.
(Source: Fitch Solutions)