March 15, 2022 The 52nd Annual Meeting of the Board of Governors of the Caribbean Development Bank (CDB) is scheduled for June 14 – 16, 2022 in the Turks and…
Category: BUSINESS AND FINANCE
CARIBBEAN ACADEMICS DISSECT IMPLICATIONS OF RUSSIAN OIL ON REGION
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com March 15, 2022 Caribbean Academic heads sought to come together to discuss the possible implications the Russia Ukraine Invasion could have on the region. Concerns have…
GEB improving the supply of reliable affordable electricity to Colombian consumers.
March 15, 2022 Grupo Energía Bogotá (GEB) is improving the supply of reliable, affordable electricity to Colombian consumers by using SmartValve™ technology in the Caribbean region of their network. This marks the second…
CORCORAN WELCOMES LATEST AFFILIATE IN CAYMAN ISLANDS
March 15, 2022 Corcoran Group, LLC today announced its continued expansion by welcoming its latest Caribbean affiliate with the launch of Corcoran Cayman Islands, owned and led by Paul Young. The announcement, made…
Caribbean Citizenship by Investment Countries Rank Top 30% in World Citizenship Report
March 15, 2022 Caribbean nations are becoming investment hubs in the global arena, offering attractions such as safety, lucrative financial diversification options and of course idyllic lifestyles that make them…
Invest in strong connectivity plans and digital frameworks for GDP Growth in Caribbean, says IADB
By: Staff Writer March 11, 2022 The Inter-American Development Bank (IADB) says that the digital gaps in the Caribbean compared to the more developed countries is stark and needs to…
Trinidad and Tobago: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Trinidad and Tobago
March 11, 2022 Trinidad and Tobago faced unprecedented challenges in 2020–21. The combined effects of COVID-19 and energy production and price shocks pushed the economy further into recession. A decisive…
Suriname to Advance in Restoring Macroeconomic and Fiscal Sustainability with IDB Support
March 11, 2022 Suriname will implement a program to restore its macroeconomic and fiscal sustainability with a $50 million loan approved by the Inter-American Development Bank (IDB). The loan will help Suriname to…
Panama will Advance in its Digital Transformation with IDB Support
March 11, 2022 THE $60 MILLION LOAN WILL SUPPORT THE STRENGTHENING OF THE CENTRAL AMERICAN COUNTRY’S INNOVATION ECOSYSTEM Panama will promote the digital transformation of management and public services with a $60 million…
IMF Staff Completes Virtual Visit to Costa Rica and Reaches Staff-Level Agreement
March 11, 2022 The IMF reached a staff-level agreement with the Costa Rican authorities on policy measures for the completion of the first and second reviews of Costa Rica’s Fund-supported…
IDB Supports Jamaica’s Strengthening of Policy, Fiscal Management COVID Response
March 11, 2022 Jamaica will strengthen the public policy and the efficiency and effectiveness of fiscal management to address the health and economic crisis caused by COVID-19, with a $100 million loan approved…