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.…
Category: BUSINESS AND FINANCE
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…
Spicing Up Success: The Inspirational Journey of Christine Sinyangwe
August 27, 2024 Caribbean food is loved around the world for its taste, fresh ingredients, and special blends of seasoning. Turmeric, ginger, cumin, thyme, nutmeg, cinnamon, and red pepper are…
CDB Approves USD 5 Million Grant to Improve Access to Electricity in Rural Haiti
August 27, 2024 The Caribbean Development Bank (CDB/the Bank) has approved a USD 5 million grant to fund a transformative initiative aimed at improving access to electricity for several rural…
CDB Supporting Comprehensive Climate Resilience Planning and Infrastructure for Kingston Harbour
August 27, 2024 More than 600,000 persons in Kingston, St. Andrew and Port Royal, Jamaica, are set to benefit from a major initiative aimed at enhancing climate resilience and infrastructure…
Panama Canal authorizes 50 ft draft size due to lake Gatun rise
By: Staff Writer August 23, 2024 The Panama Canal Authority announced authorized draft starting immediately will be 50 feet as Gatun lake is projected to rise. An additional transit slot…
IMF Reaches Staff-Level Agreement with Suriname on the Seventh Review of the Extended Arrangement Under the Extended Fund Facility
August 23, 2024 An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted a mission with the Surinamese authorities during July 29-August 8 to discuss policies to complete…
Caribbean Export Recognized as Strategic Partner for Export and Investment Development
August 23, 2024 In a prestigious ceremony, the Export and Investment Center of the Dominican Republic (ProDominicana) awarded Caribbean Export a special recognition for its vital support in executing projects…
Low growth and sluggish employment marks LAC’s 2024 says ECLAC!
By: Staff Writer August 20, 2024 The Economic Commission for Latin America and the Caribbean (ECLAC) in their Economic Survey of Latin America and the Caribbean (LAC) 2024 said that…
Anne-Lucie Lefebvre Appointed World Bank Country Manager in Haiti
August 9, 2024 Anne-Lucie Lefebvre has been appointed World Bank Country Manager in Haiti, based in Port-au-Prince. In her new role, Anne-Lucie is responsible for leading the dialogue between the…
IMF Staff Statement on El Salvador
August 9, 2024 An International Monetary Fund (IMF) mission led by Mr. Raphael Espinoza issued a statement following in person and virtual discussions over the past months with the Salvadoran…