March 11, 2025 Guyana’s economic transformation is advancing at a strong pace and broadening in scale. Rapidly expanding oil production, strong non-oil output, and large-scale public infrastructure investment supported the…
Category: CARIBBEAN BUSINESS AND FINANCE
Caribbean Development Bank Pumps USD 17 Million into Bold Overhaul of Saint Lucia’s Education System
March 7, 2025 In a landmark effort to improve educational outcomes in Saint Lucia, the Caribbean Development Bank (CDB) has approved a USD 17 million loan to support the Government’s…
Queens University Belfast says geothermal tech needed for agri-boost in region
By: Staff Writer February 28, 2025 A report published by the Queen’s University Belfast (QUB) says that geothermal is needed for smart agriculture to flourish in Belize and the wider…
St. Kitts and Nevis: Staff Concluding Statement of the 2025 Article IV Mission
February 28, 2025 Recent Developments and Outlook Growth is expected to pick up to 2 percent in 2025—from 1.5 percent in 2024—supported by tourism, with inflation remaining around 2 percent.…
Development Bank of Jamaica signs Memorandum of Understanding with Caribbean Export to Launch Corporate Venturing (Pilot) Programme
February 25, 2025 The Development Bank of Jamaica today (February 24) signed an Agreement with Caribbean Export for the introduction of a grant funding initiative aimed at driving Corporate Venturing…
The ILO said 2024 showed labour market stability for the Caribbean
By: Staff Writer February 18, 2025 The International Labour Organisation said in a recent report that the labour market in 2024 showed signs of “stability,” in the post-pandemic era for…
Tradewind Finance Enters Aviation Fuel Market with $15 Million Credit Facility for Leading Fuel Distributing Company in the Caribbean
February 18 2025 Tradewind Finance, a global trade finance provider whose solutions enable businesses to optimize their cash flow and accelerate growth, has today announced $15 million in funding for…
Eastern Caribbean Currency Union: IMF Staff Concluding Statement of the 2025 Mission on Common Policies for Member Countries
February 14, 2025 The Eastern Caribbean Currency Union (ECCU) has been providing a strong anchor for macroeconomic stability in a shock-prone region, demonstrated most recently by Hurricane Beryl with its…
IMF Executive Board Concludes 2024 Article IV Consultation with Grenada
February 7, 2024 On January 24, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Grenada. Through end-June 2024, Grenada’s economy was experiencing sustained strong…
Grenada: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada
February 7, 2025 Through end-June 2024, Grenada’s economy was experiencing sustained strong growth supported by buoyant tourism, moderating inflation, and a narrowing current account deficit. A surge in Citizenship-by-Investment (CBI)…
Browne praises Caribbean resilience at Davos LAC Conference
By: Staff Writer January 31, 2025 Antigua and Barbuda’s Prime Minister Gaston Browne said at the first edition of the Economic Forum of Latin America and the Caribbean (LAC) 2025…