September 27, 2024 Technology group Wärtsilä has again been contracted by Aqualectra, Curaҫao’s government owned utilities company, to provide Engineering, Procurement and Construction in support of the country’s decarbonisation program.…
Category: CARIBBEAN BUSINESS AND FINANCE
CDB, UK and Government of Dominica Launch Major Climate-Resilient Road Project
September 24, 2024 September 20th, 2024, marked a significant milestone in Dominica’s journey towards climate resilience with the groundbreaking ceremony for the Loubiere to Bagatelle Road Rehabilitation Project – Phase 1:…
Immigrant Invest: which Caribbean citizenship by investment to choose
September 24, 2024 Caribbean citizenship by investment programs attract foreigners for several reasons, including visa-free travel to 140+ countries, tax optimisation, and creating a safe haven. A Caribbean passport by investment is obtained in…
Kingdom of the Netherlands-Curaçao and Sint Maarten: 2024 Article IV Consultation Discussions-Press Release and Staff Report
September 20, 2024 Curaçao and Sint Maarten experienced a vigorous post-pandemic recovery. Growth was underpinned by strong stayover tourism, which is outperforming Caribbean peers. Headline inflation has declined rapidly, notwithstanding…
IMF Executive Board Completes Seventh Review Under the Extended Fund Facility Arrangement for Suriname
September 20, 2024 The Executive Board of the International Monetary Fund (IMF) completed the seventh review under the Extended Fund Facility (EFF) arrangement for Suriname. The completion of the review…
Dominican Republic: 2024 Article IV Consultation-Press Release and Staff Report
September 17, 2024 The Dominican Republic has grown strongly over the last two decades supported by political and social stability and a sustained track record of strong policies and strengthened…
IMF Executive Board Concludes 2024 Article IV Consultation with Dominican Republic
September 13, 2024 On September 10, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with the Dominican Republic and considered and endorsed the staff…
CDB, OECS, World Bank Working to Increase Procurement Opportunities for Caribbean Businesses
September 10, 2024 The Caribbean Development Bank (CDB, the Bank) in partnership with the Organisation of Eastern Caribbean States Commission (OECS) and the World Bank hosted a two-day event for…
Caribshopper and the Caribbean Development Bank: Connecting Caribbean Entrepreneurs to Global Markets
September 6, 2024 Caribshopper, is a Caribbean Development Bank (CDB, the Bank) supported e-commerce platform connecting Caribbean products to consumers in the diaspora. With over 90 million Caribbean migrants longing for a taste…
Trinidad and Venezuela shared gas fields set for exploration
By: Staff Writer September 3, 2024 Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country’s…
World Bank delegation visits Haiti to renew commitment to development
September 3, 2024 The World Bank’s International Development Association (IDA) Resource Mobilization Director, Dirk Reinermann, completed a three-day visit to Haiti on Friday, August 30. During the visit, the priorities…
Jamaica: Third Reviews Under the Arrangement Under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility-Press Release and Staff Report
September 3, 2024 Supported by strong policy frameworks, Jamaica has managed to respond to recent global shocks prudently. Policies have supported the economy while still reducing public debt and inflation.…