Guyana will strengthen its public policy and fiscal management response to the COVID-19 health and economic crisis with a US$34m loan from the Inter-American Development Bank (IDB). The operation, the first of a…
Category: BUSINESS AND FINANCE
IMF takes note of massive trade shock in Central America at height of COVID-19 pandemic.
By Staff Writer December 18, 2020 The International Monetary Fund (IMF) released a country focus on the Central American region, looking at the impact the COVID-19 pandemic and Natural disasters…
CariCRIS further lowers the ratings on Mystic Mountain Limited
Below is a release from Caribbean ratings agency CariCris. Further to our rating downgrade effected on July 21, 2020, Caribbean Information & Credit Rating Services Limited (CariCRIS), the region’s credit…
RBC is proud to work with IDB in $250M (TT) Trinidad mortgage scheme.
By: Staff Writer November 11, 2020 A senior RBC executive said that he is “proud” to help provide finance to Trinidad’s Home Mortgage Bank as a part of an Inter-American…
Dominica resort receives international first as it strengthens its CBI portfolio during BREXIT!
By Staff Writer December 4, 2020 Dominica’s Cabrits Kempinski Resort Becomes the First Recipient of the Annual World MICE Awards The Commonwealth of Dominica’s real estate sector has been making international waves…
Colombia Draws on IMF Flexible Credit Line to Address the COVID-19 Pandemic
BY Staff Writer December 4, 2020 The Colombian government has made a drawing of US$ 5.4 billion under the Flexible Credit Line (FCL) arrangement in the context of the pandemic.…
It could take “years” for The Bahamas to recover from COVID-19 says IMF.
By Staff Writer December 4, 2020 The International Monetary Fund (IMF) said that it could take “years” for employment and income levels in The Bahamas to recover from the COVID-19…
IMF gives Nicaragua $185m in emergency support to help with COVID-19 fallout.
By: Staff writer November 22, 2020 COVID-19 has slammed Nicaragua and they are asking from the International Monetary Fund (IMF) some $185.53m in emergency funds. In a release, the international…