September 9, 2025 The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Guatemala.[1] The authorities have consented to the publication of the Staff Report…
Category: BUSINESS AND FINANCE
CDB Marks Major Milestone with Financial Close on Dominica Geothermal Energy Project
September 5, 2025 The Caribbean Development Bank (CDB / the Bank) has reached financial close on a facility for the landmark Dominica Geothermal Energy 10MW Project. The facility is made…
THE BLEU MAGIC EFFECT: DOMINICA RUM BRAND DISRUPTS THE CARIBBEAN SPIRITS INDUSTRY IN UNDER A YEAR
September 2, 2025 In just 10 months, Bleu Magic, a bold new premium rum from Dominica, has captivated the Caribbean and beyond with its sleek branding, cultural storytelling, and meteoric…
ECLAC: AI can support SDGs in the Caribbean, but there are risks
By: Staff Writer August 29, 2025 The Economic Commission for Latin America and the Caribbean (ECLAC) in a new report on Artificial Intelligence (AI) said that it can support the…
IMF Executive Board Concludes 2025 Article IV Consultation with Panama
August 26, 2025 The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Panama.[1] The authorities have consented to the publication of the Staff Report prepared…
IDB: Lack of fiscal space leads to inability to reinvest
By: Staff Writer August 22, 2025 The Inter-American Development Bank (IDB) in their Impact Report, 2025 warns that the high level of debt of countries in the Latin America and…
CIBC Announces Senior Executive Leadership Changes
August 19, 2025 CIBC announced senior leadership appointments to its Group Executive Leadership Team that will position the bank for the future and further accelerate the execution of its client-focused…
The CDB said digital technologies provide opportunities for women
By: Staff Writer August 12, 2025 The Caribbean Development Bank (CDB) in a recent report said that access to education and training is crucial for gender equality, enabling economic independence…
IMF: Caribbean growth prospects have weakened in past decades
By: Staff Writer August 12, 2025 The International Monetary Fund (IMF) in a recent Working Paper argued that economic growth and medium-term growth prospects for the Caribbean have weakened in…
CBI/CIP Countries on Cusp of Passing New Law for Establishment of Regional Regulator
August 12, 2025 07 August 2025. After months of extensive consultations, the countries in the Eastern Caribbean that offer Citizenship By Investment Programmes (CBI/CIP) are on the cusp of enacting…
IDB Invest and Sacyr Concesiones Boost Connectivity and Logistics Competitiveness in Colombia
August 12, 2025 IDB Invest has provided a loan of 1.27 trillion Colombian pesos (approximately $315 million) to Fideicomiso P.A. Camino del Pacífico, backed by Unión Vial Camino del Pacífico…