September 13, 2024 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes issued a statement following in person and virtual discussions with the Honduran authorities on policies to…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
CDB Catalyses Change in Belize: The Fahina Project Elevates Mayan Heritage Through Economic Empowerment and Tradition
September 6, 2024 Sustainable development is a cornerstone of Caribbean advancement, cementing economic stability and safeguarding cultural preservation. The Caribbean Development Bank (CDB, the Bank) is a key player in this arena,…
Trinidad and Venezuela shared gas fields set for exploration
By: Staff Writer September 3, 2024 Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country’s…
Panama Canal authorizes 50 ft draft size due to lake Gatun rise
By: Staff Writer August 23, 2024 The Panama Canal Authority announced authorized draft starting immediately will be 50 feet as Gatun lake is projected to rise. An additional transit slot…
IMF Staff Statement on El Salvador
August 9, 2024 An International Monetary Fund (IMF) mission led by Mr. Raphael Espinoza issued a statement following in person and virtual discussions over the past months with the Salvadoran…
IMF Executive Board Concludes 2024 Article IV Consultation with Guatemala
August 6, 2024 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guatemala and endorsed the staff appraisal without a meeting on a lapse-of-time…
Venezuela Businesses Increasingly Need Dollars. Loansharks Are Taking Advantage.
By: Insight Crime July 16, 2024 In February 2024, two young men started hanging out in a store in the central Venezuelan state of Lara. The shop owner, Alejandra*, sold…
Unifeeder Group arrives in Panama to continue expansion in Latin America
July 9, 2024 Unifeeder Group, one of the main multi-regional container and feeder operating companies, settled in Panama to continue its expansion in Latin America (LATAM) from here, promoting trade…
Foreign investments exceed US$10 million in residency program in Panama
July 9, 2024 Foreign investments exceed US$10 million in residency program in Panama More than US$10.4 million in investments have been generated by the certifications of the Permanent Residence Program…
Marie Sharp’s Hot Pepper Sauce from Belize Makes a Splash in the Dominican Republic
July 2, 2024 In the vibrant world of culinary delights, nothing quite ignites the senses like a dash of hot pepper sauce. And when it comes to igniting taste buds,…
IMF Executive Board Concludes 2024 Article IV Consultation with Panama
June 28, 2024 On June 3, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Panama.[1] The Board considered and endorsed the staff appraisal…
Country Report No. 2024/166 : Costa Rica: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, Third Review Under the Resilience and Sustainability Facility Arrangement, and Monetary Policy Consultation Clause
June 18, 2024 Recent developments and outlook. Growth accelerated to 5.1 percent in 2023 and is projected to remain robust at 4 percent in 2024. Inflation (year-on-year) has stayed negative…