October 31, 2023 An International Monetary Fund (IMF) staff team, led by Mr. Ding Ding, visited San Jos é during October 18–27. The staff team held discussions on the 2023 Article…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Panama Canal WARNING: Don’t travel through with large payloads!
By: Staff Writer October 17, 2023 The administrator of the Panama Canal Authority (ACP) said that they are giving ships wishing to pass through the zone 21 days of lead…
Honduras: 2023 Article IV Consultation and Requests for an Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Honduras
September 26, 2023 The Honduran economy has shown remarkable resilience to various domestic and external shocks over 2020-22, and real GDP is now around 6 percent above pre-pandemic levels supported…
IMF Executive Board Approves US$822 Million Arrangements Under the Extended Fund Facility and the Extended Credit Facility for Honduras and Concludes 2023 Article IV Consultation
September 26, 2023 The Executive Board of the International Monetary Fund (IMF) approved today an SDR 416.3 million (about US$548 million) arrangement under the Extended Fund Facility (EFF) and an…
IDB Approves $100 Million to Support Vulnerable Population in El Salvador
September 22, 2023 The Inter-American Development Bank (IDB) approved a $100 million program to support the vulnerable population in El Salvador who face adverse impacts. El Salvador is the third…
Country Report No. 2023/313 : Colombia: Technical Assistance Report—Assessment of Financial Stability Report
August 29, 2023 The financial stability report (FSR) of the Banco de la República of Colombia (BR) provides broad coverage of macroeconomic environment and the assessment of risks in the…
Panama Canal drought traps 200 plus ships!
By: Staff Writer August 25, 2023 The Panama Canal Drought has trapped over 200 ships in its muddy slush, some unable to move for over three weeks. Climate change is…
MPC Energy Solutions’ results for the first half of 2023 surpass full-year numbers reported for 2022; new development activities in Panama and El Salvador
August 4, 2023 MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today. MPCES generated 40.4 GWh of electricity from its power-generating projects in the first six months of…
CDB Extends USD12.5 million Line of Credit to Government of Belize to Boost MSMEs
July 25, 2023 “ The Caribbean Development Bank (CDB) is pleased to support Belize’s Micro Small and Medium-sized Enterprises (MSMEs) with this USD12.5 million investment. The line of credit being provided…
UK-CDB-Belize Partnership Transforms Coastal Highway
July 11, 2023 More than 49,000 residents, including 3,000 daily road users now have access to the improved Coastal Highway which has been transformed from an unpaved, gravel road to…
Country Report No. 2023/231 : Costa Rica: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, First Review Under the Resilience and Sustainability Arrangement, Request for Modification of Reform Measure Under the Resilience and Sustainability Facility, and Monetary Policy Consultation
June 30, 2023 Recent developments. Growth has been resilient despite global headwinds and inflation is on a strong downward trend. The easing of external pressures has allowed the authorities to…
IMF Executive Board Concludes the Fourth Review of Costa Rica’s Extended Fund Facility and the First Review under the Resilience and Sustainability Facility
June 27, 2023 The Executive Board of the International Monetary Fund (IMF) completed today the fourth review of Costa Rica’s economic reform program supported by the IMF’s extended arrangement under…