Argyle airport paying dividends for St. Vincent and the Grenadines economy
The economy of St Vincent and the Grenadines is making a full turnaround boosted by increased tourism arrivals according to the International Monetary Fund (IMF).
In a statement issued on November 21 after the conclusion of their most recent Article IV consultation visit to the Eastern Caribbean state, the IMF said the closure of Buccament Bay Resort (the largest hotel on the main island), and heavy rains with flooding and landslides, slowed down growth in the second half of 2016 and early 2017.