By: Staff Writer July 2, 2024 A United Nations Economic Commission for Latin America and the Caribbean (ECLAC) report said that capital inflows into the LAC was two thirds higher…
Category: BUSINESS AND FINANCE
Marie Sharp’s Hot Pepper Sauce from Belize Makes a Splash in the Dominican Republic
July 2, 2024 In the vibrant world of culinary delights, nothing quite ignites the senses like a dash of hot pepper sauce. And when it comes to igniting taste buds,…
Dominica: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominica
July 2, 2024 Dominica is a small island developing state that is vulnerable to external shocks. Key economic drivers (agriculture and ecotourism) have limited downstream integration and are vulnerable to…
IMF Reaches Staff-Level Agreement with Jamaica on the Third Reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF) Arrangement
July 2, 2024 An International Monetary Fund (IMF) team led by Mr. Esteban Vesperoni held meetings with the Jamaican authorities during June 24-28 to review the implementation of reforms under…
Recruitment expert says Caribbean businesses must go digital to attract diaspora jobseekers
June 28, 2024 A recruitment expert and the chief executive of a digital talent acquisition firm is urging more Caribbean employers and businesses to embrace digital development if they wish…
IMF Executive Board Concludes 2024 Article IV Consultation with Dominica
June 28, 2024 On May 31, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Dominica. The Dominican economy has recovered strongly following…
IMF Executive Board Concludes 2024 Article IV Consultation with Panama
June 28, 2024 On June 3, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Panama.[1] The Board considered and endorsed the staff appraisal…
Kingdom of the Netherlands – Sint Maarten: Staff Concluding Statement of the 2024 Article IV Consultations Mission
June 28, 2024 GDP continues to recover thanks to strong stayover tourism and the reconstruction. Domestic imbalances have closed, with inflation declining towards 2 percent and the fiscal balance returning…
IMF Executive Board Concludes 2024 Article IV Consultation with Dominica
June 28, 2024 Curaçao’s economy expanded strongly, continuing its pivot towards a tourism-led growth model. Efforts to safeguard recently created fiscal space are welcome, while healthcare and pension reforms are…
Multi-Billion Dollar Development For Puerto Rico
June 25, 2024 Get ready for a multi-billion dollar development in the Caribbean. Reuben Brothers and Three Rules Capital have unveiled a master plan for a $2 billion development in…
Fiscal Reform Can Help Dominican Republic Attract Greater Investment
June 25, 2024 The Dominican Republic leads Latin America in GDP growth, with an average annual rate of around 5 percent per year since the 1970s. The Caribbean nation has…