Economist Dr Thomson Fontaine says Dominica’s economy is in decline and so is the people’s spending power
Former IMF Economist, Dr. Thompson Fontaine says Dominica’s economy has been on the decline for a decade, and banks are beginning to think outside of the norm, to generate income for their business.
He says these radical packages or offers being presented to customers here in Dominica from the banks, is evidence that the economy is failing, as a majority of consumers no longer have the same spending power.
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