World Bank: LAC lacks competitive pressures on firms hindering creative destruction

By: Staff Writer May 20, 2025 The World Bank said in their latest report that the lack of competitive pressures on firms in the Latin American and Caribbean (LAC) region…

Bahamian firm signs historic $427M HOA for weather system with NOAA

By: Staff Writer May 16, 2025 The Bahamas Aviation, Climate and Severe Weather Network Ltd (BACSWN) added the final piece to its historic $427 million puzzle yesterday with the signing…

Historic Visit by IDB President Showcases Support for Haiti’s Recovery and Private-Sector Jobs

May 16, 2025 Inter-American Development Bank (IDB) President Ilan Goldfajn is in Cap-Haïtien at the invitation of the Haitian government, through Economy and Finance Minister Alfred Mettelus, marking the first…

IDB to Lead Haiti’s Medium-Term Recovery and Development Plan for 2025-2030

May 16, 2025 At the request and under the leadership of the Haitian government, the IDB will coordinate this collaborative initiative to bolster Haiti’s economy through private-sector-led growth, enhanced human…

IMF Executive Board Concludes 2025 Article IV Consultation with Costa Rica

May 16, 2025 The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Costa Rica on May 12, 2025. [1] Costa Rica has achieved remarkable…

IMF Executive Board Concludes 2025 Article IV Consultation with St. Kitts and Nevis

May 16, 2025 The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for St. Kitts and Nevis[1] The authorities have consented to the publication of…

Regional bank promotes Local Government for sustainable development

By: Staff Writer May 13, 2025 The Development Bank of Latin America and the Caribbean (CAF) said in a recent report that local governments can help the Latin American and…

Guatemalan Banana production at risk due to climate change says report

By: Staff Writer May 13, 2025 Climate change is threatening banana production across the world and is affecting one of the Latin America and Caribbean’s (LAC) largest producers, Guatemala, a…

IMF Reaches Staff-Level Agreement with Barbados on the Fifth Reviews Under the Extended Fund Facility and the Resilience and Sustainability Facility

May 13, 2025 At the request of the Government of Barbados, an International Monetary Fund (IMF) team led by Michael Perks visited Barbados between May 2-8 to discuss the implementation…

MONTEGO BAY TO HOST LANDMARK CARIBBEAN INVESTMENT FORUM IN JULY 2025

May 9, 2025 The Caribbean is ready to change the conversation. For decades, the region has been defined by its postcard-perfect beaches, vibrant culture, and warm hospitality. But this July,…

Guyana: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana

May 9, 2025 Guyana’s economy has grown rapidly over the past two decades, progressing from low-middle-income to high-income status—the only Heavily Indebted Poor Countries (HIPC) Initiative participant to achieve this…

Guyana Set to Boom with 23% Growth in 2026 as Caribbean Economies Surge into 2030 – See Who’s Rising Fast

May 6, 2025 The Caribbean region is projected to experience varied economic growth between 2025 and 2030, according to the latest International Monetary Fund (IMF) World Economic Outlook, released on…