BRIDGETOWN, Barbados – Barbados' economy is forecast to continue on its growth trajectory this year, even though the global economy is expected to slow in 2023, the Central Bank of Barbados (CBB) reported Wednesday
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GEORGE’S, Grenada – The Grenada government Tuesday announced a one-month delay in the implementation of an increase in the Excise Tax on alcohol and tobacco products as well as Value Added Tax (VAT) on sugar, sugary or carbonated drinks.
PORT OF SPAIN, Trinidad – The Trinidad and Tobago government has informed oil and gas companies that the days of “just ticking the boxes” as it relates to bidding for oil exploration “are over” and that a new policy is being formulated.
MADRID, Spain – Jamaica is on track to achieve an 11 percent growth this year as the island continues to recover strongly from the fallout of the COVID-19 pandemic .
DAVOS, Switzerland – The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, has outlined a new set of policies to help the Latin America and Caribbean (LAC) countries emerge from a prolonged development crisis.
ST. GEORGE’S, Grenada – Grenada's government has reinstated the Petrol Tax Rate that had been suspended in September last year resulting in an additional EC$3.50 (One EC dollar=US$0.37 cents) being added to every gallon of petrol sold as of Wednesday.
Barbados Intends to Transform its Boating and Shipping Sector to be More Environmentally Sustainable
BRIDGETOWN, Barbados –The Barbados government says it will be introducing legislation for a greener transition of the shipping sector.
PORT OF SPAIN, Trinidad – Trinidad and Tobago and China are seeking to deepen trade and investment relations in the future with both countries participating in a forum that sought to commemorate and further develop cooperation between them.
KINGSTON, Jamaica -Prime Minister Andrew Holness, says consideration by the International Monetary Fund (IMF) of Jamaica’s request to access the Resilience and Sustainable Facility (RSF) and the Precautionary and Liquidity Line (PLL), signals the strength of the fundamentals of the island’s economy.
INDIA – President Irfaan Ali has invited India to aggressively pursue investment opportunities in Guyana.
WASHINGTON, DC – The World Bank on Tuesday said global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine.
SANTIGO, Chile - The Economic Commission for Latin America and the Caribbean (ECLAC) is estimating that the growth in the value of regional exports at 20 percent last year, driven by a 14 percent rise in prices and an expansion of six percent in exported volumes.
KINGSTON, Jamaica – The Bank of Jamaica (BOJ) – the island’s Central Bank says that during December 2022, the overall amount of currency in circulation totaled J$238.8 billion (One Jamaica dollar=US$0.008 cents) , representing an annual nominal growth of three percent, compared to 19.1 percent at the end of December 2021.
