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…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
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…
IMF Executive Board Concludes the Sixth Review of Costa Rica’s Extended Fund Facility and the Third Review under the Resilience and Sustainability Facility
June 18, 2024 The Executive Board of the International Monetary Fund (IMF) completed today the sixth review of Costa Rica’s economic reform program supported by the IMF’s extended arrangement under…
Panama Canal to increase daily transits and draught signaling a return to normalcy
By: Staff Writer June 14, 2024 The Panama Canal will increase its daily transits from 32 to 33 this coming July 11, and shippers could not be more excited about…
Honduras Will Improve Workers’ Job Placement with IDB Support
June 4, 2024 -The program will benefit almost 40% of job seekers registered in the comprehensive employment service seeking training. -This is the first IDB loan to include the returned…
Guatemala: Staff Concluding Statement of the 2024 Article IV Mission
May 28, 2024 An International Monetary Fund (IMF) mission, led by Ms. Maria A. Oliva, visited Guatemala City during May 13-23 for the 2024 Article IV consultation. At the end…
IMF Executive Board Concludes 2024 Article IV Consultation with Belize
May 17, 2024 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Belize and endorsed the staff appraisal without a meeting on a lapse-of…
Belizean Women Encouraged To Use Online Resources To Find Jobs
May 10, 2024 On the heels of a report suggesting the gender gap in labour force participation in Belize is among the highest in the region, the CEO of a…
Use of Mobile Money, Digital Payments Doubles in Central America, Panama, and Dominican Republic
May 7, 2024 The use of digital financial services has experienced rapid growth in Central America, Panama and the Dominican Republic, with the share of adults owning mobile money accounts…
Colombia: Request for an Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Colombia
May 3, 2024 Colombia’s very strong policies and policy frameworks have helped to significantly reduce domestic and external imbalances and brought the economy to more sustainable levels of activity and…