By: Staff Writer April 18, 2025 U.S. Defense Secretary Pete Hegseth, in a recent visit to Panama, announced in a speech that they have reached a landmark security cooperation agreement…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
CDB and Government of Belize Launch Entrepreneurial Training to Empower MSMEs
April 4, 2025 In a significant step to enhance livelihoods and business opportunities in Belize, the Caribbean Development Bank (CDB, the Bank) through the United Kingdom Caribbean Infrastructure Fund (UKCIF) financed a two-week entrepreneurial…
Panama Canal sale blocked by China
By: Staff Writer April 1, 2025 Hong Kong based CK Hutchison will not sign a deal to sell its Panama Canal holdings to American firm Black Rock as Chinese anti-trust…
Trump threatens tariffs for countries that buy Venezuelan oil
By: Staff Writer March 28, 2025 US President Donald Trump posted on the social media platform, Truth Social, that he would sign an executive order imposing 25 percent tariffs on…
El Salvador to Advance Macroeconomic and Fiscal Sustainability with IDB Support
March 21, 2025 El Salvador will advance on key reforms aimed at promoting macroeconomic and fiscal sustainability with a $500 million loan from the Inter-American Development Bank (IDB). The IDB…
IFC to Advise Belize on Solar PPP Project to Boost Energy Security and Affordability
March 18, 2025 IFC, a member of the World Bank Group, is supporting the Government of Belize in attracting a private investor to build a utility-scale solar plant aimed at…
Bladex leads a new USD 200 million syndicated loan for CrediQ in Costa Rica, El Salvador, and Guatemala.
March 14, 2025 Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announces the successful closing of a USD 200 million syndicated loan in partnership with Banco Agrícola S.A. (a Grupo Bancolombia company) for…
IDB Invest Leads Sustainable Bond Issuance to Expand Green and Social Financing of BAC Guatemala
March 11, 2025 IDB Invest supported Banco de América Central, S.A. (BAC Guatemala) in issuing its first sustainable bond to drive financial inclusion and environmental sustainability in Guatemala. The bond,…
Costa Rica: Staff Concluding Statement of the 2025 Article IV Consultation Mission
March 4, 2025 Costa Rica is one of the fastest-growing economies in the Western Hemisphere, achieving notable economic success in recent years. GDP growth has averaged above 5 percent since…
El Salvador: Request for Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for El Salvador
March 4, 2025 El Salvador has recovered well from the pandemic, supported by robust remittances and buoyant tourism flows, amid a sharp improvement in the country’s security situation. Inflation has…
IMF Executive Board Approves New 40-month US$1.4 billion Extended Fund Facility Arrangement for El Salvador
February 28, 2025 Today the Executive Board of the International Monetary Fund (IMF) approved a 40-month extended arrangement under the Extended Fund Facility (EFF) for El Salvador, with access of…
Nicaragua: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nicaragua
February 11, 2025 The Nicaraguan economy is experiencing robust growth. Real GDP growth accelerated to around 4½ percent in 2023 and the first half of 2024, from about 3.8 percent…