By: Staff Writer June 10, 2025 The World Wildlife Fund (WWF) said in a recent report that financial sectors in the Latin American and Caribbean region had largely failed to…
Category: BUSINESS AND FINANCE
ELAC Report: Revenue fell lowest in Caribbean in 22/23
By: Staff Writer June 3, 2025 The Economic Commission for Latin America and the Caribbean (ECLAC) in a recent report said that tax revenues fell by 21.3 percent between 2022…
IMF Executive Board Approves New Two-Year US$1.5 Billion Flexible Credit Line Arrangement for Costa Rica
June 3, 2025 The Executive Board of the International Monetary Fund (IMF) approved today a two-year arrangement for Costa Rica under the Flexible Credit Line (FCL) in an amount equivalent…
ELCAC: Public revenues declining in LAC
By: Staff Writer May 30, 2025 The Economic Commission for Latin America and the Caribbean (ECLAC) said in a new report that public revenues declined in Latin America and the…
IMF Reaches Staff-Level Agreement on the First Review under El Salvador’s Extended Fund Facility Arrangement
May 30, 2025 IMF staff and the Salvadoran authorities have reached staff-level agreement on the first review of the country’s extended arrangement under the Extended Fund Facility (EFF). They also…
US Congress proposes 5% tax on remittances of non-US citizens
By: Staff Writer May 27, 2025 The US Congress is proposing a 5 percent tax on remittances and money transfers of non-US citizens. A report by The Dialouge Leadership for…
ECLAC: Debt higher in LAC in 2024 than in 2023
By: Staff Writer May 27, 2025 The Economic Commission for Latin America and the Caribbean (ECLAC) said in a new report that bond market debt in the Latin American and…
Caribbean Credit Profiles Improve Despite Structural Challenges
May 27, 2025 Booming economies in the Caribbean, alongside fiscal consolidation and institutional reforms, have driven upward momentum for many sovereigns in the region, Fitch Ratings says in a new…
ECLAC: Transition to low carbon presents opportunities
By: Staff Writer May 23, 2025 The Economic Commission for Latin America and the Caribbean (ECLAC) in a recent project document said that the transition to low carbon economies in…
Caribbean Monthly Economic Report
May 23, 2025 Regional Economist Marla Dukharan publishes he monthly Caribbean Economic Report for May, 2025
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…