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.…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
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…
Panama Canal demand for transit through increases- NO MORE RESTRICTIONS BEFORE APRIL!
By: Staff Writer February 9, 2024 The Panama Canal is seeing high demand for transit despite the ongoing drought, all in part due to the political demand in and around…
Nicaragua: 2023 Article IV Consultation-Press Release; and Staff Report
January 23, 2024 The Nicaraguan economy remained resilient through multiple shocks over the past five years, supported by appropriate policies, substantial pre-crisis buffers (primarily government deposits), and multilaterals support. After…
IMF Executive Board Concludes 2023 Article IV Consultation with Nicaragua
January 23, 2024 On January 16, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Nicaragua and considered and endorsed the staff appraisal without…
Drought continuing to impact Panama Canal- Maersk takes land route as bypass
By: Staff Writer January 19, 2024 The Panama Canal continues to battle through its worse drought in history, forcing shippers to change routes. It has also forced authorities to slash…
CENTRAL AMERICA NICKEL ANNOUNCES FILING OF PATENT FOR SEPARATION OF LIGHT AND HEAVY RARE EARTHS
January 12, 2024 Central America Nickel Inc. (the “Company” or “CAN”) is pleased to announce it has filed an International application No. PCT/CA2023/051387 titled “Process for Extraction of Rare Earth Elements.” The…
TotalEnergies QUARTZ Auto Services Workshop Opened in Guatemala
January 12, 2024 TotalEnergies, a global leader in energy and automotive services, is proud to announce the opening of its latest QUARTZ Auto Services workshop in Guatemala. This state-of-the-art facility promises…
IMF Executive Board Holds Informal Briefing on Venezuela
December 5, 2023 In line with the standard procedures for members whose Article IV consultations with the IMF are extensively delayed, on December 1, 2023, the Executive Board was briefed…
Costa Rica Engages with Multilateral Partners to Launch a Sustainable Project Preparation Facility and Crowd in Climate Investments
December 5, 2023 The Government of Costa Rica announced today the creation of a Public-Private Partnership (PPP) Project Preparation Facility (PPF) to leverage public and private sector resources to develop…
Panama president directs First Quantum to shut copper mine after court ruling
December 1, 2023 Panama’s president said on Tuesday that Canadian miner First Quantum’s lucrative copper mine Cobre Panama would be shut down, hours after the country’s Supreme Court declared its…