April 16, 2024 San José, Costa Rica: An International Monetary Fund (IMF) team led by Mr. Ding Ding held virtual and in-person meetings with the Costa Rican authorities during April 1-12,…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Central America’s Lifeline: Record Family Remittances
April 12, 2024 The money sent by Central American immigrants in the United States to their families has risen to record levels and represents a quarter of the combined GDP…
US Investment in Central America key to stemming migration!
By: Staff Writer March 29, 2024 Increased US investment into the Central American region is key for development as Vice President Kamala Harris gave an update to the Root Causes…
IMF Executive Board Concludes 2024 Article IV Consultation with Colombia
March 29, 2024 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Colombia on March 27, 2024 With the sharp growth slowdown in 2023…
Panamanians need canal water to drink- What do they do?
By: Staff Writer March 22, 2024 During Panama’s worse drought on record, the renown Panama Canal is affected not only by weather challenges in this prolonged dry season, but the…
Bukele stashes El Salvador bitcoin in “cold wallet.”
By: Staff Writer March 19, 2024 The President of El Salvador, Nayib Bukele, said on X (formerly known as Twitter) that he stores a “big chunk” of the country’s bitcoin…
Panama Canal Drought: Canal should be 5 feet higher now
By: Staff Writer March 8, 2024 The drought in the Panama Canal is so severe, it is down by five feet of its original level, signaling that trade may be…
CDB Funds Multi-Hazard Impact-Based Forecasting and Early Warning System for Belize River Watershed
March 8, 2024 Belize’s climate data collection capabilities and capacity to withstand natural hazards are to be improved through a grant for approximately USD1.26 million from the Caribbean Development Bank…
Panama: Staff Concluding Statement of the 2024 Article IV Mission
March 5, 2024 In the two decades preceding the pandemic, Panama advanced in income convergence, with Panama’s income ratio to the US increasing from thirty-three to forty-eight percent. Rapid growth…
Belize: Staff Concluding Statement of the 2024 Article IV Mission
March 1, 2024 An International Monetary Fund team led by Jaime Guajardo conducted discussions for the 2024 Article IV consultation with Belize during February 12-22. The team met with Mr.…
Bahamas, Belize and TCI removed from EU blacklist
By: Staff Writer February 23, 2024 The European Union removed The Bahamas, Belize, Seychelles and Turks and Caicos Islands from the list of non-cooperative jurisdictions for tax purposes. The countries…
Colombia: Staff Concluding Statement of the 2024 Article IV Mission
February 16, 2024 The Colombian economy is well-advanced in reaching a more sustainable level of economic activity, with marked reductions in inflation and the external current account deficit. Appropriately tight…