January 28, 2025 New luxury villas in one of the Dominican Republic’s most popular tourism spots are one step closer to completion, thanks to Kennedy Funding. The direct private lender…
Category: CARIBBEAN BUSINESS AND FINANCE
Haiti: Staff-Monitored Program-Press Release and Staff Report
January 28, 2025 Recent developments. Haiti is facing exceptionally challenging circumstances. The deteriorating security environment, which reached crisis proportions in the first few months of 2024, has continued to worsen,…
World Bank: Growth in Caribbean could hit 5% in 2025
By: Staff Writer January 24, 2025 The World Bank said in their Global Economic Prospects report said that growth in the Caribbean is projected to rise to 4.9 percent in…
Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement
January 25, 2025 Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance…
Commonwealth fellows develop roadmap to combat cybercrime in Caribbean
January 24, 2025 Commonwealth Caribbean cyber fellows have developed a roadmap this week, designed to boost around-the-clock cooperation to combat online crimes and make the internet safer for citizens. The…
Electricity Reform Can Help Usher in Sustainable Growth in The Bahamas
January 24, 2025 The archipelago is taking bold steps to transform its electricity sector and build resilience to climate change Modernizing electricity grids and increasing the shares of solar energy…
CDB Providing Funding to Support Saint Kitts and Nevis’ Development Strategy
January 24, 2025 The Caribbean Development Bank (CDB, the Bank) has approved a grant of USD132,000 to the Government of Saint Kitts and Nevis (GOSKN) for the formulation of a Medium-term Development…
CDB Approves USD 7 Million Grant for Agricultural Initiative in Haiti’s Northwest
January 21, 2025 The Caribbean Development Bank (CDB) has approved a USD 7 million grant to launch a transformative agricultural project in Haiti’s Northwest Department (NWD). Building on the successes…
IDB focuses on innovation in quarterly bulletin
By: Staff Writer January 14, 2025 The Inter-American Development Bank (IDB), in its latest Caribbean Quarterly Bulletin, focuses on innovation for the Caribbean region. The IDB in partnership with Compete…
CDB Inks Agreement for New EU Financed Project to Strengthen Haiti’s Economic Prospects
January 14, 2025 Over USD 300,000 has been allocated by the Caribbean Development Bank (CDB, the Bank) as a grant through the EPA and CSME Standby Facility, for a two-year…
CDB Approves USD909,000 Grant to UWI to Strengthen Water Resource Management and Build Climate Resilience in Jamaica
January 10, 2025 The Caribbean Development Bank (CDB/the Bank) has approved a grant of USD909,000 to The University of the West Indies (UWI) to support critical efforts in strengthening water…
Baptist Health International and Cayman Islands Health Services Authority Join Forces to Transform Healthcare in the Caribbean
January 10, 2025 Baptist Health International (BHI), part of Baptist Health South Florida, and the Cayman Islands Health Services Authority (CIHSA), a Joint Commission International (JCI) accredited provider operating as…