November 5, 2021 The Caribbean Development Bank today joined with the world’s other Multilateral Development Banks (MDBs) in a global pledge to further mainstream nature across its policies and operations,…
Category: INTERNATIONAL AGENCIES
Regional Central Banks continue to fight against Inflation amidst Pandemic
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com November 2, 2021 Inflation continues to be a major grappling point for Caribbean Economies even as it factors in the effects of the COVID19 Pandemic. No…
IMF Executive Board Concludes 2021 Article IV Consultation with St. Kitts and Nevis
November 2, 2021 On September 13, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with St. Kitts and Nevis. St. Kitts and Nevis entered the…
CDB to propose vulnerability, resilience framework to address the economic, social, environmental realities of Small Island Developing States (SIDS)
November 2, 2021 The Caribbean Development Bank (CDB) will propose the Recovery Duration Adjuster (RDA), a vulnerability and resilience framework, which better reflects the economic, social, and environmental conditions of…
St Lucian as CARICOM’s new Deputy Secretary-General!
November 2, 2021 Dr Armstrong Alexis of Saint Lucia has been appointed as the new Deputy Secretary-General of the Caribbean Community (CARICOM). Dr Alexis takes up his post from 1…
Startups and Investors from Latin America and the Caribbean Gathered at IDB Lab Forum
October 29, 2021 THE INTER-AMERICAN DEVELOPMENT BANK GROUP’S FLAGSHIP EVENT ENDED AFTER THREE DAYS OF PANELS ON INNOVATIVE ENTREPRENEURSHIP AND ITS ROLE IN THE REGION’S POST-PANDEMIC RECOVERY. Innovative entrepreneurship and…
Colombia to Promote Digitalization of Comptroller General Office with IDB Support
October 29, 2021 The Inter-American Development Bank (IDB) has approved a $30 million loan to finance the digital transformation of the Office of the Comptroller General of the Republic of Colombia (CGR). The operation…
CDB successfully raised US$150 million on German capital market
October 29, 2021 The Aa1/AA+ rated Barbados-based Caribbean Development Bank (CDB) successfully executed its second borrowing in the German capital market via the issuance of a US$100-million 20-year registered bond…
CARICOM Climate Change Ministers demand climate justice in Declaration ahead of COP26
October 29, 2021 As the Caribbean Community (CARICOM) readies itself for participation in the upcoming global Climate Change Conference, COP 26, it issued a pre-Conference Declaration this week giving notice…
EPA & CSME Standby Facility News
October 26, 2021 National and regional entities are implementing activities to build their economies and businesses, increase trade in the region and access to markets beyond. EUR8.75 million from the…
CARIFORUM MSMEs to Receive €3 Million in Direct Grant Support
October 26, 2021 €3M to be awarded to CARIFORUM firms via Caribbean Export’s Direct Support Grants Programme A minimum of 100 firms to receive grant funding in 15 Caribbean countries…
CARICOM Heads of Government engage Green Climate Fund
October 26, 2021 As the Caribbean Community (CARICOM) continued its preparations for the United Nations COP 26, Heads of Government met on Tuesday with the Executive Director of the Green…