Virgin Islands (British)

The government formed a coalition quickly following the April 2023 general election, but its slim majority leaves it vulnerable to defections. The government will focus on implementing governance reforms to avoid the imposition of direct rule by the UK home government. Tourism was decimated by the covid-19 crisis; an only tepid recovery in that sector will keep the economy as a whole weak in the 2023-24 forecast period, exacerbating weaknesses related to the long-term decline of the offshore business incorporation sector and an incomplete recovery from a devastating 2017 hurricane season.

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