Guyana to strengthen public policy response to the COVID-19 pandemic with IDB support

Guyana will strengthen its public policy and fiscal management response to the COVID-19 health and economic crisis with a US$34m loan from the Inter-American Development Bank (IDB). The operation, the first of a…

CariCRIS further lowers the ratings on Mystic Mountain Limited

Below is a release from Caribbean ratings agency CariCris. Further to our rating downgrade effected on July 21, 2020, Caribbean Information & Credit Rating Services Limited (CariCRIS), the region’s credit…

Barbados draws down additional $94m US from IMF- Fund hails their economic recovery plan.

By: Staff Writer December 11, 2020 During the International Monetary Fund’s (IMF) recent decision on Barbados, the Executive Board Concluded their Fourth Review under the IMF’s Extended Arrangement under the…

RBC is proud to work with IDB in $250M (TT) Trinidad mortgage scheme.

By: Staff Writer November 11, 2020 A senior RBC executive said that he is “proud” to help provide finance to Trinidad’s Home Mortgage Bank as a part of an Inter-American…

Digital Shift, are Caribbean Economies ready?- Bitt Inc’s chief economist speaks!

By: Kimberly Ramkhalawan, contributor kramkhalawan@caribmagplus.com December 11, 2020 Digital tools are needed in the new world post COVID-19 a top Caribbean economist insists. The COVID-19 pandemic that hit the world…

Dominica resort receives international first as it strengthens its CBI portfolio during BREXIT!

By Staff Writer December 4, 2020 Dominica’s Cabrits Kempinski Resort Becomes the First Recipient of the Annual World MICE Awards The Commonwealth of Dominica’s real estate sector has been making international waves…

It could take “years” for The Bahamas to recover from COVID-19 says IMF.

By Staff Writer December 4, 2020 The International Monetary Fund (IMF) said that it could take “years” for employment and income levels in The Bahamas to recover from the COVID-19…