IMF Executive Board Concludes the Fourth Review of Costa Rica’s Extended Fund Facility and the First Review under the Resilience and Sustainability Facility

June 27, 2023 The Executive Board of the International Monetary Fund (IMF) completed today the fourth review of Costa Rica’s economic reform program supported by the IMF’s extended arrangement under…

MOTTLEY: NEED FOR PACE AND SCOPE, TRANFORMING GLOBAL FINANCE

Barbados PM at Paris Summit for UN’s New Global Financing Pact By Kimberly Ramkhalawan June 23, 2023. kramkhalawan@caribmagplus.com In the face of her country facing Tropical Storm Bret, Barbados Prime…

More Than 900 Business Meetings Held in Outsource2LAC Event in Jamaica

June 23, 2023 More than 600 entrepreneurs, business leaders and government representatives from 33 countries around the world participated in the 9th edition of Outsource2LAC of the Inter-American Development Bank,…

Interest in Central Bank Digital Currencies Picks Up in Latin America and the Caribbean While Crypto Use Varies

June 23, 2023 CBDCs—if well designed—could lower remittances’ costs and improve financial inclusion. But for crypto assets to safely remain part of the payment system, they need to be regulated.…

IMF Executive Board Completes the First Reviews under the Extended Fund Facility and the Resilience and Sustainability Facility with Barbados

June 23, 2023 The Executive Board of the International Monetary Fund (IMF) completed the first reviews of the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF) arrangements.…

IMF Executive Board Concludes 2023 Article IV Consultation with the Dominican Republic

June 23, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Dominican Republic. The Dominican Republic’s economy has been one of…

Dominican Republic: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominican Republic

June 23, 2023 Supported by sound policies and positive spillovers, the Dominican Republic has staged an impressive recovery from the pandemic, cementing its place as one of the most dynamic…

IMF Reaches Staff-Level Agreement with Jamaica on the First Reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF) Arrangement

June 20, 2023 An International Monetary Fund (IMF) team led by Mr. Esteban Vesperoni held meetings with the Jamaican authorities during June 12-16 to review the implementation of reforms under…

IMF Staff Completes 2023 Article IV Mission to Honduras

June 20, 2023 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes visited Tegucigalpa during June 5-16 for the 2023 Article IV consultation with Honduras. At the conclusion…

Jamaica: the Outsourcing capital of the Caribbean

By: Staff Writer June 16, 2023 The Prime Minister of Jamaica touts the country’s premier position and competitive advantage as the “leading Outsourcing location” in the English speaking Caribbean as…

Costa Rica: Technical Assistance Report-Sovereign Asset and Liability Management—Scoping Mission

June 16, 2023 Aided by a 36–month Extended Fund Facility (EFF) in place since March 2021, Costa Rica’s reform efforts toward strong, inclusive, and sustainable growth are showing tangible results.…

CEO lauds Demerara Bridge project as a “heyday” for jobseekers

June 16, 2023 The head chief of a regional recruitment service is lauding the many direct and indirect job opportunities set to become available due to the ongoing Demerara River…