The International Monetary Fund is warning of a "delicate moment for the world economy" as it predicts a slowdown in global growth, however the outlook for Latin America and the Caribbean region is cautiously optimistic with economists forecasting growth rates of 1.4 per cent in 2019 and 2.4 per cent in 2020.

Executives of the Bahamas Development Bank have met with the country’s representative of the Organization of American States to explore opportunities and avenues to strengthen efforts to better assist small businesses.