July 4, 2025 Expands affordable housing financing for middle and lower middle-income households, particularly women and women-led families. IDB Invest provides financial support of TTD 250 million to strengthen TTMB’s…
Category: CARIBBEAN BUSINESS AND FINANCE
Kingdom of the Netherlands – Curaçao: Staff Concluding Statement of the 2025 Article IV Mission
July 4, 2025 Curaçao’s economic activity expanded by 5 percent in 2024, as strong tourism performance trickled into the wider economy. Stayover arrivals, growing at double digits, continued to outperform…
Caribbean Export and Canada Launch GRIT Project in Saint Lucia to Empower Women Entrepreneurs
June 27, 2025 The Caribbean Export Development Agency (Caribbean Export), in partnership with the Government of Canada, is proud to announce the launch of GRIT – Caribbean Women Entrepreneurs Generating…
IMF Executive Board Concludes 2025 Article IV Consultation with Jamaica
June 27, 2025 On June 12, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Jamaica and considered and endorsed the staff appraisal without…
Kingdom of the Netherlands – Sint Maarten: Staff Concluding Statement of the 2025 Article IV Mission
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,…
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…