In this way CARTAC’s contribution would be all the more durable. Moreover, we should utilize as far as possible the avenues for greater collaboration with others. In this regard, I would like to see greater collaboration between CARTAC and other like-minded regional institutions such as the University of the West Indies, CEMLA and the CCMF.
Therefore, I will pay attention to whether the price-setting behavior of firms becomes even more active after overcoming the effects of the decline in demand following the front-loaded increase prior to the consumption tax hike. The third point for attention is developments in exports. The environment surrounding exports is expected to gradually improve, as the global economy – mainly advanced economies – recovers.