Governor predicts economic decline

The governor of the Eastern Caribbean Central Bank, Sir Dwight Venner, is predicting that real output in member countries is expected to fall this year into 2010.



The bank serves the Organisation of Eastern Caribbean States (OECS) sub-region.



Sir Dwight says tourism and construction are predicted to fall by more than 14 per cent and a little less in 2010.



Governments’ current revenues are also expected to fall by about 13 per cent in 2009.