March 10, 2023 This story begins sometime in January 2024. A Boeing 737-300F from the city of Leticia, deep in the Colombian Amazon, lands on runway 13 left at El…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Costa Rica: Technical Assistance Report-Upgrading the Rule-Based Fiscal Framework
February 24, 2023 The fiscal rule that came into force in 2020 has bolstered fiscal discipline and served Costa Rica well. The rule sets ceilings on nominal expenditure growth for…
Belize Staff Concluding Statement of the 2023 Article IV Mission
February 21, 2023 An International Monetary Fund team led by Jaime Guajardo conducted discussions for the 2023 Article IV consultation with Belize during February 2-14. The team met with Mr.…
Colombia will Host the World’s Summit of Development Banks in 2023
February 17, 2023 Bancóldex, Colombia’s business development bank, will host, together with the Inter-American Development Bank (IDB), and the Latin American Association of Financial Institutions for Development (ALIDE), the fourth…
Panama: Technical Assistance Report-Macroprudential Policy Frameworks
February 14, 2023 At the request of the Superintendency of Banks of Panama (SBP), IMF’s Monetary and Capital Markets Department (MCM) provided two technical assistance (TA) missions in 2021 on…
El Salvador: Staff Concluding Statement of the 2023 Article IV Mission
February 14, 2023 An International Monetary Fund (IMF) mission, led by Mr. Raphael Espinoza, conducted virtual discussions during January 26-27, and visited San Salvador during January 30-February 8 for the…
Colombia: Staff Concluding Statement of the 2023 Article IV Mission
February 14, 2023 The new administration took office in August 2022, with social equity and climate at the center of its agenda. Against a backdrop of high inflation and elevated…
Belize Poultry Industry receives Trade and Market Access Boost as Poultry Health Regulations come into effect
February 7, 2023 The Belize Poultry Health Regulations, Statutory Instrument No. 121 of 2022, published in the Gazette on 25th August 2022, came into effect on 30th November 2022. These…
Colombia’s Largest Business Matchmaking Forum Seeks to Strengthen Trade Relations with the United States
February 7, 2023 On March 22nd and 23rd, the Ministry of Trade, Industry, and Tourism, along with ProColombia, the agency in charge of promoting Colombian exports internationally, will host the…
Nicaragua: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nicaragua
January 31, 2023 Substantial pre-crisis buffers (primarily government deposits), prudent policies, and official external financial assistance helped Nicaragua recover well from a protracted downturn during 2018-2020 caused by the socio-political…
IMF Executive Board Concludes 2022 Article IV Consultation with Nicaragua
January 31, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Nicaragua. Prudent macroeconomic policies, substantial pre-crisis buffers (primarily government deposits) and…
US APPROVES TT-VENEZUELA GAS EXCHANGE, WHAT DOES THIS MEAN?
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com January 27, 2023 Earlier this week, Trinidad and Tobago got the green light to pursue natural gas exploration of the Dragon field on the Venezuelan side…