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…
Category: BUSINESS AND FINANCE
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…
De-risking has impacted trade and tourism in the Caribbean says new report!
By: Staff Writer March 8, 2022 SWIFT data reveals that active correspondents decreased worldwide by nearly 25 percent in the last 10 years with the Caribbean making up over 49…
CHUCK E. CHEESE SIGNS DEVELOPMENT AGREEMENT TO OPEN NEW LOCATIONS IN THE DOMINICAN REPUBLIC
March 8, 2022 Chuck E. Cheese continues its strong pace of international agreements and new location openings across the Caribbean, Latin America, Middle East Markets and Europe The Chuck E.…
CINDE Announces: Microsoft Inaugurates New Costa Rican Headquarters, the Largest and Most Modern in Latin America
March 8, 2022 The company celebrates 28 years in the country, where its local operations serve clients throughout the Americas. In just the last 4 years, Microsoft Costa Rica has…
CDB allocates US$45M grant funding for Haiti until 2026
March 4, 2022 The Caribbean Development Bank (CDB) has set aside grant funding in the amount of US$45 million for Haiti over the period 2022 to 2026, CDB Vice-President of…
There doesn’t need to be agreement on every single step of the CSME!
By: Staff Writer March 1, 2022 The Caribbean Community Secretary General said that the community does not have to agree on every single iota for the Caribbean Single Market and…