Dynamics of Economy
§ GRP of approximately $130 billion expected to grow
to $510 billion by 2020
§ Per capita GRP will reach $1,200 in 2020 (an
average increase of 1.9% per annum from 1990)
from current $300
§ Still undergoing population settlement with
urbanization being the main driver
§ This is playing a significant part in restructuring and
movement towards a new equilibrium
§ Accumulated urban capital estimated at US$300
billion (compared to total official aid of US$50 mill)
between 1960 and 1990 consisting of public
infrastructures, roads, markets and housing