AGP Executive Report
Last update: 9 hours agoRegional Outlook: The World Bank projects 2.2% growth for Latin America and the Caribbean in 2026, held back by debt, costly borrowing and uncertainty. It points to fiscal reforms, stronger institutions and private investment as routes to faster growth. Tourism and AI: Caribbean travelers are turning to AI to plan trips, but just 12% of regional businesses use it effectively, according to an industry expert at a Guyana tourism conference. With most Caribbean firms classed as SMEs, improving their online visibility could help them reach more customers. Digital Security: Mastercard’s survey found 97% of SMEs across 12 Latin American and Caribbean markets accept digital payments, but cyber risks are slowing the next steps: 51% cite fraud and attacks as a major barrier, and nearly a third have delayed e-commerce expansion or entry into new markets. Tourism Resilience: Jamaica’s tourism minister proposed a regional fund to help protect the industry from disasters and financial shocks, with support for small businesses among its potential uses. It remains a proposal, with funding and governance still to be worked out.
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