January 25, 2022 President of the Caribbean Development Bank (CDB), Dr Hyginus ‘Gene’ Leon and Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister…
Category: BUSINESS AND FINANCE
Mistrust in the region underscores the high inequality, says IDB
By: Staff Writer January 21, 2022 The Inter-American Development Bank (IDB) said that trust is lacking in the region and that is hampering productivity and driving inequality. The bank, in…
Government expenditure to rise in the Caribbean says UN!
By: Staff Writer January 21, 2022 Government expenditure is set to rise in the Caribbean for 2021 states a United Nations Economic Commission for Latin America and the Caribbean (ECLAC)…
CARIBBEAN MONTHLY ECONOMIC REPORT: HOW THE GLOBAL MINIMUM TAX IS YET ANOTHER DOOR FOR DISCRIMINATION
Produced By: Marla Dukharan January 21, 2022 Late last year the USA, EU, and OECD convinced 136 countries (except Nigeria, Kenya, Pakistan, and Sri Lanka) to agree to implement a…
Dominica Ranks as One of the Safest Country in the Caribbean and Latin America in New Citizenship Report
January 21, 2022 The Commonwealth of Dominica has been crowned as one of the safest places in the Caribbean and Latin America in a new one-of-a-kind report by the world’s leading government advisory and marketing firm, CS…
Bahamas Mobile Lab to be Upgraded with Support from the EU and CDB
January 18, 2022 Businesses in The Bahamas will be better able to meet international criteria under a new project valued at over EUR 400,000 which is being supported by the…
IDB Invest, Banco Mundo Mujer Promote Credit for Women Microentrepreneurs in Colombia
January 18, 2022 IDB Invest has granted financing to Banco Mundo Mujer S.A. (BMM) denominated in Colombian pesos, equivalent to up to $30 million. The three-year transaction will increase access…
IMF Staff Concludes 2022 Virtual Staff Visit to Grenada
January 18, 2022 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those…
Latin America and the Caribbean’s Growth Will Slow to 2.1% in 2022
January 14, 2022 The Latin America and Caribbean region will see its pace of growth decelerate in 2022 to 2.1%, after reaching 6.2% on average last year, according to new…
Bahamas gets CDB help for Metrology Lab-EU standby facility at work!
By: Staff Writer January 14, 2022 The Bahamas Bureau of Standards and Quality (BBSQ) receives grant from the Caribbean Development Bank (CDB) to enhance its technical capacity via a metrology laboratory. Michael…
El Salvador Central Bank to headline cryptocurrency discussions in DC
January 14, 2022 International, national, and local government leaders, financial experts, and technology innovators will meet at the National Press Club in Washington, DC to discuss blockchain, cryptocurrency and the Future of Money, Governance,…