BASSETERRE, St. Kitts – The St. Kitts-Nevis government says it will be undertaking a comprehensive economic impact assessment of the annual music festival to determine whether changes are necessary to ensure its future sustainability.
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WASHINGTON, DC – The International Monetary Fund (IMF) Friday said it will make available immediately a total of US$56 million to Barbados after its executive board concluded the third review of the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).
GEORGETOWN, Guyana – The Guyana government says the agricultural sector earned more than GUY$919 million in revenue during the first half of this year from the export of non-traditional crops.
GEORGETOWN, Guyana – The president of Guyana, Dr. Irfaan Ali says that by the end of 2027, the country is likely to save US$60 million on the importation of corn, soya and shrimp – the three of commodities for which production is being ramped up.
WASHINGTON, DC – The International Monetary Fund (IMF) Tuesday said the economy of the Dutch-speaking Caribbean island of Sint. Maarten continues to recover thanks to strong stayover tourism and the reconstruction.
BRIDGETOWN, Barbados – The newly elected chairman of the Barbados-based Caribbean Development Bank (CDB), Dr. Renata Vargas Amaral, says her priorities over the next year will be tackling climate change, deeper private sector engagement and enhancing multilateral development.
ST. GEORGE’S, Grenada – Prime Minister Dickon Mitchell is objecting to the International Monetary Fund (IMF) recommendation that Grenada should establish a more coherent and transparent framework for managing Citizenship By Investment (CBI) revenues as this would strengthen budget and investment planning.
GEORGETOWN, Guyana – President Irfaan Ali says his government is evaluating the feasibility of a second major gas initiative to complement the ongoing gas to energy project at Wales, Essequibo Islands-West Demerara.
OTTAWA, Canada – Jamaica says there is indeed an opportunity for the Caribbean to build its economic recovery on a modern foundation, utilizing technology and the digitization of public and private sector services.
PORT OF SPAIN, Trinidad – Trinidad and Tobago recorded an increase in the inflation rate for the month of May, the Central Statistical Office (CSO) announced on Monday.
KINGSTON, Jamaica – Industry, Investment and Commerce Minister, Aubyn Hill, Monday said that Jamaica is one of the most attractive investment destinations in the Caribbean and is urging more diaspora members to do business in the country.
BRIDGETOWN, Barbados – The former president of the Barbados-based Caribbean Development Bank (CDB), Dr. Hyginus “Gene” Leon, says if there is no change within the financial institution “the next president may encounter the same challenges” that he faced during his tenure at the region’s premier financial institution.
NASSAU, Bahamas — Prime Minister of the Bahamas Phillips Davis has outlined a blueprint for collaboration between Africa and the Caribbean saying it “encompasses key initiatives designed to unite our banking systems, enhance financial inclusivity, and catalyse economic growth across Africa and the Caribbean”.
