June 28, 2024 On May 31, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Dominica. The Dominican economy has recovered strongly following…
Category: BUSINESS AND FINANCE
IMF Executive Board Concludes 2024 Article IV Consultation with Panama
June 28, 2024 On June 3, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Panama.[1] The Board considered and endorsed the staff appraisal…
Kingdom of the Netherlands – Sint Maarten: Staff Concluding Statement of the 2024 Article IV Consultations Mission
June 28, 2024 GDP continues to recover thanks to strong stayover tourism and the reconstruction. Domestic imbalances have closed, with inflation declining towards 2 percent and the fiscal balance returning…
IMF Executive Board Concludes 2024 Article IV Consultation with Dominica
June 28, 2024 Curaçao’s economy expanded strongly, continuing its pivot towards a tourism-led growth model. Efforts to safeguard recently created fiscal space are welcome, while healthcare and pension reforms are…
Multi-Billion Dollar Development For Puerto Rico
June 25, 2024 Get ready for a multi-billion dollar development in the Caribbean. Reuben Brothers and Three Rules Capital have unveiled a master plan for a $2 billion development in…
Fiscal Reform Can Help Dominican Republic Attract Greater Investment
June 25, 2024 The Dominican Republic leads Latin America in GDP growth, with an average annual rate of around 5 percent per year since the 1970s. The Caribbean nation has…
Sixes Social Cricket Launches Latest Venue in Trinidad & Tobago with Franchise Partners Yay!
June 21, 2024 Sixes Social Cricket is excited to announce the opening of its newest venue at One Woodbrook Place, Trinidad. Now open to the public, this launch marks the…
Grenada Staff Concluding Statement of the 2024 Article IV Mission
June 21, 2024 Grenada’s economy is experiencing sustained, strong growth supported by buoyant tourism. A surge in citizenship-by-investment (CBI) revenue has resulted in a large budget surplus, an increase in…
IMF Executive Board Completes Sixth Review Under the Extended Fund Facility Arrangement for Suriname
June 21, 2024 The Executive Board of the International Monetary Fund (IMF) completed the sixth review under the Extended Fund Facility (EFF) for Suriname. The completion of the review allows…
CEO Encourages MSMEs To Get Registered For Their Own Protection
June 18, 2024 It’s not only important to ensure that micro, small and medium-sized enterprises (MSMEs) have support they need to launch, grow and flourish, but also that the entrepreneurs…
Country Report No. 2024/166 : Costa Rica: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, Third Review Under the Resilience and Sustainability Facility Arrangement, and Monetary Policy Consultation Clause
June 18, 2024 Recent developments and outlook. Growth accelerated to 5.1 percent in 2023 and is projected to remain robust at 4 percent in 2024. Inflation (year-on-year) has stayed negative…