September 17, 2024 The Dominican Republic has grown strongly over the last two decades supported by political and social stability and a sustained track record of strong policies and strengthened…
Category: BUSINESS AND FINANCE
ECLAC: Region has an “inability to grow.”
By: Staff Writer September 12, 2024 A United Nations Economic Commission for Latin America and the Caribbean (ECLAC) report said that the Latin American and Caribbean (LAC) region is “mired…
IMF Executive Board Concludes 2024 Article IV Consultation with Dominican Republic
September 13, 2024 On September 10, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with the Dominican Republic and considered and endorsed the staff…
IMF statement on Honduras
September 13, 2024 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes issued a statement following in person and virtual discussions with the Honduran authorities on policies to…
CDB, OECS, World Bank Working to Increase Procurement Opportunities for Caribbean Businesses
September 10, 2024 The Caribbean Development Bank (CDB, the Bank) in partnership with the Organisation of Eastern Caribbean States Commission (OECS) and the World Bank hosted a two-day event for…
Caribshopper and the Caribbean Development Bank: Connecting Caribbean Entrepreneurs to Global Markets
September 6, 2024 Caribshopper, is a Caribbean Development Bank (CDB, the Bank) supported e-commerce platform connecting Caribbean products to consumers in the diaspora. With over 90 million Caribbean migrants longing for a taste…
CDB Catalyses Change in Belize: The Fahina Project Elevates Mayan Heritage Through Economic Empowerment and Tradition
September 6, 2024 Sustainable development is a cornerstone of Caribbean advancement, cementing economic stability and safeguarding cultural preservation. The Caribbean Development Bank (CDB, the Bank) is a key player in this arena,…
Trinidad and Venezuela shared gas fields set for exploration
By: Staff Writer September 3, 2024 Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country’s…
World Bank delegation visits Haiti to renew commitment to development
September 3, 2024 The World Bank’s International Development Association (IDA) Resource Mobilization Director, Dirk Reinermann, completed a three-day visit to Haiti on Friday, August 30. During the visit, the priorities…
Jamaica: Third Reviews Under the Arrangement Under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility-Press Release and Staff Report
September 3, 2024 Supported by strong policy frameworks, Jamaica has managed to respond to recent global shocks prudently. Policies have supported the economy while still reducing public debt and inflation.…
IMF Executive Board Completes the Third Reviews under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility with Jamaica
September 3, 2024 The Executive Board of the International Monetary Fund (IMF) completed the third reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF)…
$600M HOA signed for Grand Bahama Shipyard transformation.
By: Staff Writer August 30, 2024 The Government of The Bahamas yesterday signed a Heads of Agreement (HOA) with the Grand Bahama Shipyard Limited to authorize the investment of $600…