April 24, 2024 The Executive Board of the International Monetary Fund (IMF) approved today a successor two-year arrangement for Colombia under the Flexible Credit Line (FCL) in an amount equivalent…
Category: BUSINESS AND FINANCE
Suriname: Fifth Review Under the Extended Arrangement Under the Extended Fund Facility
Suriname: Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of a Performance Criterion, and Financing Assurances Review-Press Release;…
Latin America’s Shifting Demographics Could Undercut Growth
April 26, 2024 Latin America’s workforce grew by nearly 50 percent in the two decades before the pandemic, helping boost economic growth. Now demographic trends are turning, and likely to…
CDB Grant Winner Moves from Micro-biz to Regional Exporter
April 26, 2024 A talented fashion designer from Saint Vincent and the Grenadines has become one of the region’s finest examples of the power of micro businesses to grow and…
LAC’s low growth underpinned by multiple crises says ECLAC
By: Staff Writer April 23, 2024 The Economic Commission for Latin America and the Caribbean (ECLAC), in a new report, said that Latin America and the Caribbean is experiencing “very…
IDB Invest Partners with JPS to Support Jamaica’s Green Energy Transformation
April 23, 2024 IDB Invest and Jamaica Public Service Company Limited (JPS) have signed a US$100 million financing package, to fund JPS’ capital investment programme. JPS, Jamaica’s leading energy services…
Africa and the Caribbean set to deepen ties
By: Staff Writer April 16, 2024 The Africa Import/Export Bank will hold its 31st annual meetings on June 12 to 14 in The Bahamas, a first for both regions where…
IMF Reaches Staff-Level Agreement with Costa Rica on the Sixth Review of the Extended Fund Facility Arrangement and the Third Review of the Resilience and Sustainability Facility Arrangement
April 16, 2024 San José, Costa Rica: An International Monetary Fund (IMF) team led by Mr. Ding Ding held virtual and in-person meetings with the Costa Rican authorities during April 1-12,…
The LAC fully recovered from COVID, but lacks competitiveness says World Bank
By: Staff Writer April 12, 2024 The World Bank said in a new report that the Latin American and Caribbean (LAC) rebounded fully from the COVID-19 pandemic but is now…
Central America’s Lifeline: Record Family Remittances
April 12, 2024 The money sent by Central American immigrants in the United States to their families has risen to record levels and represents a quarter of the combined GDP…
World Bank cuts 2024 GDP outlook for Latin America and Caribbean
April 12, 2024 The World Bank has revised downward its outlook for growth in Latin America and the Caribbean. Chief Economist at the World Bank with responsibility for the region,…
CIF GUYANA 2024 PROMISES MORE INVESTMENT OPPORTUNITIES FOR GLOBAL INVESTORS AND REGIONAL BUSINESSES
April 9, 2024 “CIF, now in its third year, is an annual forum created by the Caribbean Export Development Agency (Caribbean Export) that draws global investors to the Caribbean, and…