St. Kitts leader optimistic about coming year
Prime Minister Denzil Douglas of St. Kitts and Nevis said in a speech Monday that he expects to see a 4.6 percent growth rate in the economy in 2007, driven primarily by gains in tourism.
The economy was hurt in 2005 when much of the sugar industry for the island nation closed down, but the economy has since been bouncing back.
Douglas said the economy grew by 4.1 percent in 2006 and will top that in 2007.
'The journey thus far has not been easy,' he commented, but predicted the economy would strengthen in the coming year.
St. Kitts leader optimistic about coming year
