By: Staff Writer February 7, 2025 The Economic Commission for Latin America and the Caribbean (ECLAC) said in their “United States-Latin America and the Caribbean Trade Developments,” report that trade…
Category: BUSINESS AND FINANCE
IMF Executive Board Concludes 2024 Article IV Consultation with Grenada
February 7, 2024 On January 24, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Grenada. Through end-June 2024, Grenada’s economy was experiencing sustained strong…
Grenada: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada
February 7, 2025 Through end-June 2024, Grenada’s economy was experiencing sustained strong growth supported by buoyant tourism, moderating inflation, and a narrowing current account deficit. A surge in Citizenship-by-Investment (CBI)…
Business are stockpiling goods ahead of Trump tariff war with his neighbours
By: Staff Writer February 4, 2025 As U.S. President Donald Trump suspends his move to impose tariffs on Canada and Mexico, businesses in The Bahamas have taken to stockpiling on…
Browne praises Caribbean resilience at Davos LAC Conference
By: Staff Writer January 31, 2025 Antigua and Barbuda’s Prime Minister Gaston Browne said at the first edition of the Economic Forum of Latin America and the Caribbean (LAC) 2025…
The Caribbean Emerges As A Global Economic Growth Leader For 2025
January 31, 2025 The Caribbean region, including oil-rich Guyana, is poised to surpass many global economic giants in 2025, according to the United Nations’ World Economic Situation and Prospects report.…
Bahamas’ trade official on week-long attachment at CARIFORUM’s EPA Unit
January 31, 2025 The regional Economic Partnership Agreement (EPA) Implementation Unit is conducting a week-long capacity building programme for The Bahamas’ Director of Trade and Industry, Ms. Brichell Pinder, as…
Kennedy Funding Closes Land Loan for Luxury Development in the Dominican Republic
January 28, 2025 New luxury villas in one of the Dominican Republic’s most popular tourism spots are one step closer to completion, thanks to Kennedy Funding. The direct private lender…
Haiti: Staff-Monitored Program-Press Release and Staff Report
January 28, 2025 Recent developments. Haiti is facing exceptionally challenging circumstances. The deteriorating security environment, which reached crisis proportions in the first few months of 2024, has continued to worsen,…
World Bank: Growth in Caribbean could hit 5% in 2025
By: Staff Writer January 24, 2025 The World Bank said in their Global Economic Prospects report said that growth in the Caribbean is projected to rise to 4.9 percent in…
Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement
January 25, 2025 Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance…
Commonwealth fellows develop roadmap to combat cybercrime in Caribbean
January 24, 2025 Commonwealth Caribbean cyber fellows have developed a roadmap this week, designed to boost around-the-clock cooperation to combat online crimes and make the internet safer for citizens. The…