IMF Western Hemisphere Department February 22, 2022 Prior to the pandemic, Jamaica had successfully stabilized the economy, turning a fiscal deficit of 11 percent of GDP in 2009 into a 1…
Category: CARIBBEAN BUSINESS AND FINANCE
Guyanese President markets Amazon rainforest as part of its diversification plan: Oil money will serve to protect ecosystems.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 Guyana’s President Irfaan Ali is marketing the Amazon rainforest as a lucrative place to do business. His comments on the value of the…
JMMB GROUP MARKS J$8.82BN GROWTH DESPITE LOCKDOWNS: Marks launch of Digital suite of products
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 The JMMB Group Limited posted a net profit of J$8.82 and earnings per share of J$4.23 for the nine months ending December 31,…
IMF Executive Board Concludes 2021 Article IV Consultation with Jamaica
February 18, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the 2021 Article IV consultation [1] with Jamaica. In the decade preceding the pandemic, Jamaica made good progress to…
ViaCarte Celebrates Barrier Breaking Partnership With Delchain
February 15, 2022 ViaCarte, an industry pioneer in digital payments and bespoke luxury benefits, is pleased to announce its new partnership with Delchain, a leading digital asset and financial services…
Finding the Right Solution: Gidden Augustin, Managing Director of IT Consulting Company ‘islandTEK’
February 15, 2022 St Lucian entrepreneur Gidden Augustin always dreamed of starting his own company after growing up on his parents’ farm and seeing his father manage the family business.…
ExxonMobil starts production at Guyana’s second offshore development
February 15, 2022 Production from Liza Unity vessel to reach 220,000 barrels of oil per day later this year Accelerated development brings Guyana production capacity to more than 340,000 barrels…
IMF Staff and Suriname Reach Staff-Level Agreement on the First Review of the Extended Arrangement Under the Extended Fund Facility
February 15, 2022 The IMF staff team and Surinamese authorities reached a staff-level agreement on the first review of the authorities’ economic recovery program supported by the Extended Fund Facility…
IMF Executive Board Concludes 2021 Article IV Consultation with Dominica
February 15, 2022 The Executive Board of the International Monetary Fund (IMF) concluded on February 2 the Article IV consultation with Dominica. [1] The COVID-19 pandemic took a heavy toll at…
Bahamas a Top-Performing Flag State, Says ICS Report
February 8, 2022 The Bahamas has been confirmed as a top-performing flag state, achieving positive scores across all 19 categories of the International Chamber of Shipping (ICS)’s 2020-21 Flag State…