June 27, 2025 Sint Maarten’s economy expanded by 3.3 percent in 2024, supported by strong tourism activity. Stayover tourism grew remarkably despite a short-lived setback caused by the electricity crisis,…
Category: CARIBBEAN BUSINESS AND FINANCE
IDB Invest Increases Access to Capital for MSMEs in the Dominican Republic with Banco Caribe
June 20, 2025 IDB Invest is providing up to $25 million in long-term financing to Banco Múltiple Caribe Internacional S.A. (Banco Caribe) to increase access to capital for micro, small,…
IDB Creates Fund to Strengthen Caribbean Integration, Provides R$1.6 billion to Haiti in Grants, and Prepares an Unprecedented Multi-Country Debt Exchange
June 20, 2025 As part of the Brazil-Caribbean Summit, with the participation of Caribbean Community (CARICOM) nations, the Inter-American Development Bank (IDB) today announced new measures to support the region…
Dominican makes international waves with CBD aloe vera
June 17, 2025 (Originally published in the USAToday) When Caribbean heritage meets Colorado’s entrepreneurial spirit, the result is Dr. Jimmy’s: a hemp-based skincare brand that’s redefining what it means to…
EU and Caribbean partners convene in Kingston for 1st High-Level Digital Alliance Policy Dialogue with the Caribbean
June 17, 2025 On 6 June, during the first High-Level Policy Dialogue with the Caribbean under the EU-LAC Digital Alliance, the European Union launched Digital Connectors Jamaica, a new initiative…
Dominica: 2025 Article IV Consultation-Press Release; and Staff Report
June 17, 2025 Dominica is a small developing state (SDS) facing large economic imbalances, natural disasters (NDs), and substantial development needs amid slowing potential growth. Its narrow economic base (ecotourism…
Bahamas Takes Helm of CDB Governors, Prioritises Climate Resilience and Disaster Responsiveness
June 17, 2025 The Bahamas has assumed the Chairmanship of the Caribbean Development Bank’s (CDB) Board of Governors, committing to champion climate resilience and strengthen regional disaster response systems throughout…
Best: Sharpening focus on internal system reform in CDB
By: Staff Writer June 13, 2025 The Caribbean Development Bank (CDB) president said that under his tenure the bank is not standing still and is sharpening its focus on delivering…
Caribbean Must “Raise Growth Potential through Deep Productivity Enhancing Reforms while Strengthening Resilience,” Urges IMF Deputy Managing Director Nigel Clarke at CDB Lecture
The Caribbean region must urgently prioritise boosting growth potential through productivity enhancing reforms while simultaneously building resilience against economic shocks and natural disasters. This imperative was highlighted by Dr. Nigel Clarke,…
IMF Executive Board Concludes 2025 Article IV Consultation with Dominica
June 13, 2025 Dominica’s economic outlook is positive, predicated on the implementation of the country’s economic modernization and development agenda, but risks weigh on the downside. Fiscal and external imbalances…
Caribbean Credit Profiles Improve Despite Structural Challenges
May 27, 2025 Booming economies in the Caribbean, alongside fiscal consolidation and institutional reforms, have driven upward momentum for many sovereigns in the region, Fitch Ratings says in a new…
Caribbean Monthly Economic Report
May 23, 2025 Regional Economist Marla Dukharan publishes he monthly Caribbean Economic Report for May, 2025