June 20, 2023 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes visited Tegucigalpa during June 5-16 for the 2023 Article IV consultation with Honduras. At the conclusion…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Costa Rica: Technical Assistance Report-Sovereign Asset and Liability Management—Scoping Mission
June 16, 2023 Aided by a 36–month Extended Fund Facility (EFF) in place since March 2021, Costa Rica’s reform efforts toward strong, inclusive, and sustainable growth are showing tangible results.…
IDB President Promotes the Entrepreneurial Ecosystem on His First Visit to Colombia
June 16, 2023 BOGOTA – The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, reaffirmed his commitment to the sustainable development of Colombia through innovation, social inclusion, the fight…
Belize: Technical Assistance Report-Transition to Accrual Accounting
June 9, 2023 Belize is planning to transition to accrual accounting over the medium term. This reform is considered an advanced practice on the public financial management (PFM) spectrum and…
CEO lauds more programmes to support MSMEs; urges continued support for business survival
June 2, 2023 The CEO of a regional recruitment service is lauding the launch of an International Labour Organization (ILO) programme to encourage more entrepreneurship among locals, but is re-emphasizing…
CEO calls for more support of MSMEs to spur job growth
May 30, 2023 Governments and institutions can help to create more jobs by empowering micro, small and medium-sized enterprises (MSMEs) to thrive and expand, and that’s something Joseph Boll, Caribbean…
IMF Executive Board Concludes 2023 Article IV Consultation with Guatemala
May 26, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation [1] with Guatemala on May 15, 2023, and endorsed the staff appraisal.…
Country Report No. 2023/172 : Guatemala: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guatemala
May 26, 2023 Guatemala has weathered many crises well. Its ’s economy has proved resilient, building on a solid track-record of prudent policies—low fiscal deficits and debt-to-GDP ratio, and high…
IDB Invest partners with Belize Bank Limited to boost trade between small and medium-sized businesses
May 19, 2023 IDB Invest welcomed Belize Bank Limited (BBL) into its Trade Finance Facilitation Program (TFFP), opening a US$10 million line of credit with a term of 180 days.…
Belize: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belize
May 12, 2023 Outlook and Risks. Economic activity is projected to moderate after a strong recovery from the pandemic. After growing by 15 percent in 2021 and 12 percent in…
IMF Executive Board Concludes 2023 Article IV Consultation with Belize
May 12, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Belize. Economic activity has rebounded strongly from the pandemic. After contracting by 13.4 percent…