March 5, 2024 In the two decades preceding the pandemic, Panama advanced in income convergence, with Panama’s income ratio to the US increasing from thirty-three to forty-eight percent. Rapid growth…
Category: BUSINESS AND FINANCE
IMF Executive Board Concludes 2024 Article IV Consultation and Second Reviews Under the Precautionary and Liquidity Line and Under the Resilience and Sustainability Facility Arrangements with Jamaica
March 5, 2024 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] and Second Reviews Under the Precautionary and Liquidity Line and Under the…
Trade and Investment key to US/LAC relationship
By: Staff Writer March 1, 2024 The Atlantic Council said in a recent report highlighted that re-engagement with the Latin American-Caribbean region through trade and investmernt is the way to…
The Bahamas Partners With SpaceX
March 1, 2024 The Ministry of Tourism, Investments & Aviation of The Bahamas has made a historic move by partnering with SpaceX, the renowned space exploration company by billionaire Elon…
St Kitts and Nevis unveils the Investment Gateway Summit
March 1, 2024 The Government of St Kitts and Nevis proudly announces a landmark achievement in its ongoing commitment to realising the Sustainable Island State Agenda. In a ground-breaking move,…
CEO says remote work ‘untapped’ in the Caribbean
March 1, 2024 The head honcho of a regional recruitment firm is suggesting that remote work may be “untapped” in the Caribbean, as many companies have not embraced it to…
Belize: Staff Concluding Statement of the 2024 Article IV Mission
March 1, 2024 An International Monetary Fund team led by Jaime Guajardo conducted discussions for the 2024 Article IV consultation with Belize during February 12-22. The team met with Mr.…
British Virgin Islands: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
March 1, 2024 This report summarizes the anti-money laundering/combating the financing of terrorism (AML/CFT) measures in place in the Virgin Islands (VI) as at the date of the onsite visit…
Bahamas, Belize and TCI removed from EU blacklist
By: Staff Writer February 23, 2024 The European Union removed The Bahamas, Belize, Seychelles and Turks and Caicos Islands from the list of non-cooperative jurisdictions for tax purposes. The countries…
Haiti formally accepts Agreement on Fisheries Subsidies
Haiti deposited its instrument of acceptance of the Agreement on Fisheries Subsidies on 21 February. Ambassador Justin Viard presented Haiti’s instrument of acceptance to Director-General Ngozi Okonjo-Iweala. DG Okonjo-Iweala said:…
Caribbean Economies on the Rebound
February 23, 2024 The majority of Caribbean economies are on the rebound says Director of Economics at the Caribbean Development Bank (CDB) Mr. Ian Durant. Speaking at the Bank’s Annual…
CEO Calls For More Soft Skills Exposure, Training Programmes
February 23, 2024 If employment figures are to continue to improve in the Caribbean region, more of an effort must be made to equip residents with soft skills, says Joseph…