June 7, 2024 On May 8, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Trinidad and Tobago.[1] For the first time in…
Category: BUSINESS AND FINANCE
IMF Reaches Staff-Level Agreement with Suriname on the Sixth Review of the Extended Arrangement Under the Extended Fund
June 7, 2024 An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted a mission with the Surinamese authorities during April 29-May 10 to discuss policies to complete…
Caribbean tourism growth to be sustained in 2024 but will face geopolitical pressure.
By: Staff Writer June 4, 2024 The Inter-American Development Bank in a new report said that tourism growth in the Caribbean will be sustained in 2024 but likely with “less…
Bermudian Employers Encouraged To Seek Help With Recruitment
June 4, 2024 Amid an ongoing moratorium on new work permits for nearly 60 job categories, the nation’s employers are being encouraged to seek professional support for their recruitment needs.…
Employers Encouraged To Foster Tolerant Work Environments This Pride Month
June 4, 2024 As countries around the world begin to celebrate Pride Month during the month of June, Caribbean employers are being encouraged to be more tolerant in the workplace,…
Honduras Will Improve Workers’ Job Placement with IDB Support
June 4, 2024 -The program will benefit almost 40% of job seekers registered in the comprehensive employment service seeking training. -This is the first IDB loan to include the returned…
ECLAC said central government debt declined in the Caribbean for 2023
By: Staff Writer May 31, 2024 A United Nations Economic Commission for Latin America and the Caribbean (ECLAC) report that fiscal deficits widened across the LAC as economies began to…
The Best Caribbean Countries to Invest In or Do Business For 2024
May 31, 2024 The 2024 list of the Best Countries in the World to do business, published by CEOWORLD magazine, has been released, highlighting the Top Caribbean nations for investment…
Guatemala: Staff Concluding Statement of the 2024 Article IV Mission
May 28, 2024 An International Monetary Fund (IMF) mission, led by Ms. Maria A. Oliva, visited Guatemala City during May 13-23 for the 2024 Article IV consultation. At the end…
Tax Revenue decreased in Caribbean, but increased in Central America pandemic end.
By: Staff Writer May 21, 2024 The Inter-American Development Bank (IDB) in a recent report in conjunction with the Organisation for Economic Co-operation and Development (OECD) said that value added…
Curaҫao takes important step towards a sustainable energy future with Wärtsilä Battery Energy Storage System
May 21, 2024 Technology group Wärtsilä will supply the Caribbean island of Curaҫao with a 25 MW / 25 MWh Battery Energy Storage System (BESS). The system will enable the…