November 26, 2024 An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted discussions with the Surinamese authorities during October 29-November 12 on the 2024 Article IV and…
Category: BUSINESS AND FINANCE
The Bahamas: Staff Concluding Statement of the 2024 Article IV Mission
November 22, 2024 The Bahamian economy has staged a remarkable recovery following Hurricane Dorian in 2019 and the Covid-19 pandemic. Activity and employment have recovered to their pre-pandemic levels and…
CDB Champions Procurement Capacity Building at Inaugural Belize Procurement Week
November 12, 2024 The Caribbean Development Bank (CDB, the Bank), in partnership with the Government of Belize and the Inter-American Development Bank (IDB), supported and participated in the inaugural Belize…
Nigeria to invest $1.8 BN in Grenada oil hopes!
By: Staff Writer November 5, 2024 Nigerian oil firm Oceangate Oil and Gas Engineering chief executive officer Aisha Achimugu said Global Petroleum Group (GPG) to develop oil and gas resources…
World Bank said that the LAC is turning the corner on pandemic dislocations
By: Staff Writer November 5, 2024 The World Bank in their Economic Review for Latin America and the Caribbean for October, 2024 said that the LAC is “close to winning…
Operating profits for LAC airlines at $1BN in 23 and growing
By: Staff Writer November 1, 2024 A senior banker said that Latin American and Caribbean (LAC) Airlines have gotten back to profitability since the pandemic and that for 2023 operating…
Wizkid, World Creole Music Festival & Bleu Magic, What a combination!
November 1, 2024 Following a pulsating weekend of international rhythms and global stars to include Afrobeats megastar Wizkid, Dominica’s World Creole music Festival (WCMF) lived up to its billing with…
Businesses in St. Kitts and Nevis to Gain Essential Tools at Caribbean Export’s Green Business Strategies Training
November 1, 2024 Businesses across Saint Kitts and Nevis are set to gain valuable insights at the ‘Enhancing MSME Competitiveness with Green Business Practices’ capacity building training, scheduled for November…
Suriname: Seventh Review Under the Extended Arrangement Under the Extended Fund Facility
November 1, 2024 Seventh Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press…
Airfares in the LAC have fallen 50 percent
By: Staff Writer October 29, 2024 A senior executive of the Latin American and Caribbean Air Transport Association (ALTA) said that airfares have fallen by 50 percent over 20 years…