August 4, 2023 MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today. MPCES generated 40.4 GWh of electricity from its power-generating projects in the first six months of…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
CDB Extends USD12.5 million Line of Credit to Government of Belize to Boost MSMEs
July 25, 2023 “ The Caribbean Development Bank (CDB) is pleased to support Belize’s Micro Small and Medium-sized Enterprises (MSMEs) with this USD12.5 million investment. The line of credit being provided…
UK-CDB-Belize Partnership Transforms Coastal Highway
July 11, 2023 More than 49,000 residents, including 3,000 daily road users now have access to the improved Coastal Highway which has been transformed from an unpaved, gravel road to…
Country Report No. 2023/231 : Costa Rica: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, First Review Under the Resilience and Sustainability Arrangement, Request for Modification of Reform Measure Under the Resilience and Sustainability Facility, and Monetary Policy Consultation
June 30, 2023 Recent developments. Growth has been resilient despite global headwinds and inflation is on a strong downward trend. The easing of external pressures has allowed the authorities to…
IMF Executive Board Concludes the Fourth Review of Costa Rica’s Extended Fund Facility and the First Review under the Resilience and Sustainability Facility
June 27, 2023 The Executive Board of the International Monetary Fund (IMF) completed today the fourth review of Costa Rica’s economic reform program supported by the IMF’s extended arrangement under…
IMF Staff Completes 2023 Article IV Mission to Honduras
June 20, 2023 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes visited Tegucigalpa during June 5-16 for the 2023 Article IV consultation with Honduras. At the conclusion…
Costa Rica: Technical Assistance Report-Sovereign Asset and Liability Management—Scoping Mission
June 16, 2023 Aided by a 36–month Extended Fund Facility (EFF) in place since March 2021, Costa Rica’s reform efforts toward strong, inclusive, and sustainable growth are showing tangible results.…
IDB President Promotes the Entrepreneurial Ecosystem on His First Visit to Colombia
June 16, 2023 BOGOTA – The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, reaffirmed his commitment to the sustainable development of Colombia through innovation, social inclusion, the fight…
Belize: Technical Assistance Report-Transition to Accrual Accounting
June 9, 2023 Belize is planning to transition to accrual accounting over the medium term. This reform is considered an advanced practice on the public financial management (PFM) spectrum and…
CEO lauds more programmes to support MSMEs; urges continued support for business survival
June 2, 2023 The CEO of a regional recruitment service is lauding the launch of an International Labour Organization (ILO) programme to encourage more entrepreneurship among locals, but is re-emphasizing…
CEO calls for more support of MSMEs to spur job growth
May 30, 2023 Governments and institutions can help to create more jobs by empowering micro, small and medium-sized enterprises (MSMEs) to thrive and expand, and that’s something Joseph Boll, Caribbean…
IMF Executive Board Concludes 2023 Article IV Consultation with Guatemala
May 26, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation [1] with Guatemala on May 15, 2023, and endorsed the staff appraisal.…