July 7, 2023 The World Bank Board of Directors on Wednesday approved additional financing of US$12 million for the Caribbean Regional Air Transport Connectivity Project. This new grant aims to cover…
Category: BUSINESS AND FINANCE
IMF Executive Board Concludes 2023 Article IV Consultation with Dominica
July 7, 2023 On June 7, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Dominica and endorsed the staff appraisal without a meeting…
Dominica: 2023 Article IV Consultation-Press Release; and Staff Report for Dominica
July 7, 2023 The economy is recovering gradually but faces headwinds from the cost-of-living crisis, more limited policy space, and more frequent and costly climate shocks. Tourism rebounded in the…
United Kingdom-Anguilla-British Overseas Territory: Technical Assistance Report-Modernization of the Customs Legislative Framework
July 4, 2023 The authorities in Anguilla sought technical assistance from CARTAC to conduct a comprehensive review if its customs legislation. It is recognized that the existing legal framework for…
IMF Staff Reaches a Staff-Level Agreement with Haiti on a New Staff-Monitored Program
July 4, 2023 At the request of the Haitian authorities, an International Monetary Fund (IMF) team led by Patrizia Tumbarello held discussions with Haitian senior officials during April 10-17 in…
Regional recruitment company seeks to address “mismatch” between businesses struggling to hire and jobseekers struggling to find work
June 30, 2023 As a recent World Bank diagnostic report called attention to a severe skills gap challenge across 12 Caribbean countries, Caribbean Employment Services Inc. CEO Joseph Boll reminded…
Caribbean Employment Services Inc. commends efforts to hire more women
June 30, 2023 Following an admission by Vice President Dr. Bharrat Jagdeo that the Ali administration intends to hire more women for its ongoing part-time jobs initiative, a regional recruitment…
ibex Appoints Tamara Ricketts-Brown Jamaica Country Manager
June 30, 2023 ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced that Tamara Ricketts-Brown has been appointed Senior Vice…
Country Report No. 2023/231 : Costa Rica: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, First Review Under the Resilience and Sustainability Arrangement, Request for Modification of Reform Measure Under the Resilience and Sustainability Facility, and Monetary Policy Consultation
June 30, 2023 Recent developments. Growth has been resilient despite global headwinds and inflation is on a strong downward trend. The easing of external pressures has allowed the authorities to…
Jamaica: Technical Assistance Report-Climate Public Investment Management Assessment (C-PIMA)
June 30, 2023 Jamaica is highly exposed to multiple natural hazards, including tropical cyclones, floods, and droughts. Jamaica ranks 47th out of 191 countries in the 2023 Inform Risk index.1…
Suriname: Second Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Rephasing and Reduction of Access, Waivers of nonobservance of Performance Criteria and Financing Assurances Review
June 30, 2023 The program went off-track in mid-2022, due to the delayed completion of a prior action on parliamentary approval of the VAT law and, subsequently, to spending overruns…