In 2011, the population of Saint Vincent and the Grenadines was estimated to be around 112,000 people. The economy of the country was largely dependent on exports such as bananas, coconuts and cocoa, as well as services such as banking and tourism. In terms of foreign relations, Saint Vincent and the Grenadines had strong ties with other Caribbean countries, as well as with Europe and North America. In terms of politics, Saint Vincent and the Grenadines had a parliamentary democracy which had been in power since 1979. The ruling party at the time was the New Democratic Party (NDP), which was led by Prime Minister Ralph Gonsalves. See mathgeneral for Saint Vincent and the Grenadines in the year of 2017.
Saint Vincent and the Grenadines. Floods and landslides in April caused major damage to roads, bridges, housing and crops. According to Countryaah official site, the country, which was hit hard by Hurricane Tomas just six months earlier, ended up in an acute payment crisis. The International Monetary Fund (IMF) approved loans to help rebuild after the natural disasters. Visit ABBREVIATIONFINDER for the acronym of SVG that stands for the country of St. Vincent and The Grenadines.
For several years, the economy was also hard pressed by the global crisis, which hit tourism and foreign investment. Growth remained negative, and the opposition predicted that the government, which was re-elected by a small margin in December 2010, would be forced to announce new elections.