August 2, 2024 Bermuda’s economy grew for the 5th consecutive quarter in Q4 2023; Bahamas nominal GDP still lags 2019 for several islands; DomRep expects USD4.5 billion in FDI this…
Category: CARIBBEAN BUSINESS AND FINANCE
Suriname: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Suriname
August 2, 2024 The authorities’ commitment to a range of difficult policy reforms is showing results in terms of macroeconomic stability and investor perceptions. The economy is growing, inflation is…
IMF Executive Board Completes Sixth Review Under the Extended Fund Facility Arrangement for Suriname
August 2, 2024 The Executive Board of the International Monetary Fund (IMF) completed the sixth review under the Extended Fund Facility (EFF) for Suriname. The completion of the review allows…
Dominican Republic seeks tech boost for Caribbean connectivity
July 30, 2024 In a landmark address today, Vice President Raquel Peña called on the countries of the Greater Caribbean region to leverage aviation technology to enhance air connectivity and…
ExxonMobil Guyana Advances Seventh Oil Project
July 26, 2024 ExxonMobil Guyana is moving forward with plans to develop its seventh oil project in the country, targeting the Hammerhead field in the Stabroek Block. The Environmental Protection…
Grenada Keeps Old Citizenship by Investment Fee For Now Following Hurricane Beryl
July 26, 2024 On the heels of Hurricane Beryl, officials in Grenada have extended the fee increase deadline for applicants to its Citizenship by Investment (CBI) program. A family stands…
Dominican Republic: Staff Concluding Statement of the 2024 Article IV Mission
July 26, 2024 Santo Domingo, Dominican Republic: A track record of sound policies and institutional policy frameworks has helped the Dominican Republic achieve robust and resilient economic growth and low…
St. Vincent and the Grenadines: 2024 Article IV Consultation-Press Release and Staff Report
July 23, 2024 St. Vincent and the Grenadines has achieved a robust recovery from the pandemic and 2021 volcanic eruptions, supported by large-scale investment projects and robust growth in tourism.…
IMF Executive Board Concludes 2024 Article IV Consultation with St. Vincent and the Grenadines
July 23, 2024 On July 22, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with St. Vincent and the Grenadines and endorsed the staff…
Investing in the Caribbean: The Path to Sustainable Development
July 16, 2024 Plural Industry Holding Group (“PIHG”) has signed a Memorandum of Understanding (“MOU”) with Caribbean focused investment firm Blue Mahoe Capital Inc (“Blue Mahoe”) for financing and developing…
Caribbean Investment Forum continues to create opportunities for more investment in the Region.
July 12, 2024 At the opening ceremony of the 2024 Caribbean Investment Forum (CIF) at the Arthur Chung Conference Centre in Georgetown, Guyana, renewed calls were made for greater public-private…
Jamaican-American exec spreads awareness about work-abroad jobs for Caribbean people
July 9, 2024 “There’s always opportunity in America and Canada.” – Kerry Ann Edwards, KERG Consulting Most working people in the Caribbean are not aware of the vast range of…