In brief

The government led by the premier, Natalio Wheatley, formed a coalition quickly following the April 2023 general election, but its slim majority leaves it vulnerable to defections. Mr Wheatley will focus on speeding up the implementation of governance reforms to prevent the UK home government from imposing direct rule. Tourism was decimated by the covid-19 crisis; an only tepid recovery in that sector will subdue economic performance in the 2024-25 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.