Opposition parties denounce treaty
Grenada’s Prime Minister Tillman Thomas is denying that his government signed a delimitation treaty with Trinidad and Tobago without consultation at home.
Thomas and his Trinidad and Tobago counterpart Patrick Manning yesterday morning signed a treaty delimiting the boundary between the two countries.
The opposition parties in both countries have been critical of such a signing at this time.
In Port of Spain the opposition contends that the government has no moral authority to sign such an agreement one month away from a general election.
Manning responded that negotiations had been going on for two years, long before the 24 May election was called.
IMF predicts growth
The International Monetary Fund (IMF) has predicted that relatively robust economic growth will return to the Caribbean region in 2011.
It expects gross domestic product or total output to increase by 4.3% next year after the more sluggish 1.5% anticipated this year, and less than half a per cent experienced in 2009.
The figures are contained in the IMF’s latest World Economic Outlook.
The fund said prospects vary across the region, although the recovery was likely to be less strong in commodity-importing economies in the region that have large tourism sectors.
