August 3, 2021 For the fifth consecutive year, St Kitts and Nevis has topped rankings for offering the strongest passport amongst all Caribbean nations that offer Citizenship by Investment (CBI)…
Category: BUSINESS AND FINANCE
FIRST REVIEW UNDER THE ARRANGEMENT UNDER THE PRECAUTIONARY AND LIQUIDITY LINE—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR PANAMA
August 3, 2021 In the context of the First Review Under the Arrangement Under the Precautionary and Liquidity Line, the following documents have been released and are included in this…
CariCRIS reaffirms “good creditworthiness” ratings for The Beacon Insurance Company Limited
August 3, 2021 Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the assigned corporate credit ratings of CariA- (Foreign and Local Currency Ratings) on the regional rating scale…
Seize the moment to build $6bn industrial hubs for the Caribbean- “Stars are aligned!”
By: Staff Writer July 30, 2021 A senior academic political economist calls for a “Greater Caribbean Community” to be established to seize the moment on US president Biden’s administration for…
The IDB is leading the way on nearshoring- the way out of the pandemic and to a sustainable future.
By: Staff Writer July 30, 2021 Getting more US companies to invest in the Caribbean and Central America is one of the issues of focus for the Inter-American Development Bank…
ExxonMobil announces oil discovery at Whiptail, offshore Guyana
By: Staff Writer July 30, 2021 A cabinet minister in Guyana said the country has found oil again, this time at the Whiptail site offshore estimated over $9bn barrels Vickram…
2021 ARTICLE IV CONSULTATION—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR DOMINICAN REPUBLIC
July 30, 2021 Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2021 Article IV…
IMF Executive Board Completes the First Review Under the Precautionary and Liquidity Line Arrangement for Panama
July 30, 2021 The IMF Executive Board completed the first review under the two-year Precautionary and Liquidity Line (PLL) arrangement for Panama which was approved on January 19, 2021 in…
Statement by the International Monetary Fund Managing Director on Suriname
July 30, 2021 At an Executive Board meeting held today, staff updated Executive Directors on recent developments in Suriname and the authorities’ request for an arrangement under the Extended Fund…
CEDA’s Executive Director to Deliver Keynote Address at St. Kitts and Nevis Trade and Investment Forum
July 27, 2021 St. Kitts and Nevis senior policymakers to engage in robust public-private sector dialogue as they plan to advance the island’s developmental priorities. The new strategic approach is…
Dukharan on “concocted” EU Blacklists.
July 27, 2021 Caribbean economist Marla Dukharan in her monthly Caribbean economic report for July calls out the European Union’s “concocted” financial blacklist.
IDB Invest, Neoen Improve the Stability & Security of El Salvador’s Power Grid
July 27, 2021 This project will support the largest battery group in Central America. IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella…