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Prime Minister Mia Amor Mottley has addressed concerns about the national debt, as she gave the assurance that it is still at a manageable level.
She said in 2018 when her Government came into office the debt stood at 178.9% of GDP, but as of the end of last month, it has been reduced to 114.6% of GDP.
According to Ms. Mottley, this is despite the COVID-19 pandemic and extreme weather events, including a hurricane and ashfall.
Prime Minister Mottley says despite the challenges, the country is on target to see its twelfth consecutive quarter of growth.
Unemployment is about 8%, which is below the historical average of 10.3%.
Meanwhile, the country’s reserves stand at 3.2 billion dollars or about 33 weeks of import cover.
