The World Bank Board of Executive Directors approved the US$25m Grenada COVID-19 Crisis Response and Fiscal Management Development Policy Credit last week Thursday. This quick-disbursing financing will support the country’s efforts to…
Category: INTERNATIONAL AGENCIES
Statement from the OAS General Secretariat on Nicaragua
The General Secretariat of the Organization of American States (OAS) expresses its deep concern over the enactment in Nicaragua of the “Law for the Defense of the Rights of the…
COMMENTARY: End of Year Statement by the Outgoing Chairman of the Caribbean Community (CARICOM) Dr. the Honourable Ralph Gonsalves Prime Minister of St Vincent and the Grenadines
This year we will be experiencing a Christmas Season like no other. We may miss the joy of camaraderie, but it should however, serve to remind us of the spirit…
$50m loan for COVID-19 response in the OECS signed
Dec 21, 2020 The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) today signed a US$50m loan agreement to support COVID-19 response projects in the Organisation of Eastern Caribbean States…
IMF gives Honduras $90m for COVID-19 relief.
By: Staff Writer December 18, 2020 IMF Executive Board Completes Third Reviews Under the Stand-By Arrangement and Arrangement under the Standby Credit Facility for Honduras. The IMF Executive Board’s completion…
IDB Invest promotes the development of tourism in Belize through Atlantic Bank
By: Staff Writer December 18, 2020 IDB Invest, a member of the IDB Group, will provide a loan to Atlantic Bank Limited (Atlantic Bank) for US$20m with a three-year tenor.…
IDB Mobilizes $1bn for COVID-19 Vaccine Financing in Latin America and the Caribbean
December 18, 2020 Earlier this week, the Inter-American Development Bank (IDB) announced that it will mobilize US$1bn to help Latin American and Caribbean countries acquire and distribute COVID-19 vaccines. The funds…
Guyana to strengthen public policy response to the COVID-19 pandemic with IDB support
Guyana will strengthen its public policy and fiscal management response to the COVID-19 health and economic crisis with a US$34m loan from the Inter-American Development Bank (IDB). The operation, the first of a…
IMF takes note of massive trade shock in Central America at height of COVID-19 pandemic.
By Staff Writer December 18, 2020 The International Monetary Fund (IMF) released a country focus on the Central American region, looking at the impact the COVID-19 pandemic and Natural disasters…
OAS Secretary General renews fight against corruption on International Anti-Corruption Day
By Staff Writer December 11, 2020 The Organisation of American States (OAS) renewed their fight against corruption at the International Anti-Corruption day with a statement from its secretary general, Luis…