March 12, 2024 Jamaica: 2024 Article IV Consultation and Second Reviews Under the Arrangement Under the Precautionary and Liquidity Line and Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff…
Category: BUSINESS AND FINANCE
St. Lucia: 2023 Article IV Consultation-Press Release; and Staff Report
March 12, 2024 The economy has rebounded strongly after the Covid-19 pandemic and the commodity import price shock due to Russia’s war in Ukraine; output is currently near the pre-pandemic…
Trinidad and Tobago: Staff Concluding Statement of the 2024 Article IV Mission
March 12, 2024 An International Monetary Fund (IMF) staff team, led by Mr. Camilo E. Tovar, visited Port of Spain during February 26–March 8, 2024, and held discussions on the…
Panama Canal Drought: Canal should be 5 feet higher now
By: Staff Writer March 8, 2024 The drought in the Panama Canal is so severe, it is down by five feet of its original level, signaling that trade may be…
CDB Funds Multi-Hazard Impact-Based Forecasting and Early Warning System for Belize River Watershed
March 8, 2024 Belize’s climate data collection capabilities and capacity to withstand natural hazards are to be improved through a grant for approximately USD1.26 million from the Caribbean Development Bank…
Suriname and the IMF Reach Staff-Level Agreement on the Fifth Review of the Extended Arrangement Under the Extended Fund Facility
March 8, 2024 The IMF staff team and the Surinamese authorities reached a staff-level agreement on the fifth review of the authorities’ home-grown economic recovery program supported by the Extended…
LAC cities too dense and produce nothing says World Bank
By: Staff Writer March 5, 2024 A World Bank report highlights the paradox of densely populated cities not having higher productivity in Latin America and the Caribbean and blames deindustrialization…
St. Kitts and Nevis: Staff Concluding Statement of the 2024 Article IV Mission
March 5, 2024 An IMF mission, led by Mr. Alexandre Chailloux, visited St. Kitts and Nevis during February 15-26, 2024, for the 2024 Article IV consultation discussions on economic developments…
Panama: Staff Concluding Statement of the 2024 Article IV Mission
March 5, 2024 In the two decades preceding the pandemic, Panama advanced in income convergence, with Panama’s income ratio to the US increasing from thirty-three to forty-eight percent. Rapid growth…
IMF Executive Board Concludes 2024 Article IV Consultation and Second Reviews Under the Precautionary and Liquidity Line and Under the Resilience and Sustainability Facility Arrangements with Jamaica
March 5, 2024 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] and Second Reviews Under the Precautionary and Liquidity Line and Under the…
Trade and Investment key to US/LAC relationship
By: Staff Writer March 1, 2024 The Atlantic Council said in a recent report highlighted that re-engagement with the Latin American-Caribbean region through trade and investmernt is the way to…
The Bahamas Partners With SpaceX
March 1, 2024 The Ministry of Tourism, Investments & Aviation of The Bahamas has made a historic move by partnering with SpaceX, the renowned space exploration company by billionaire Elon…