WASHINGTON, DC – The International Monetary Fund (IMF) says Haiti faces an unprecedented multidimensional crisis encompassing humanitarian, economic, social, and security problems and that the  economy of the French-speaking Caribbean Community (CARICOM) country has a low tax base and a large informal sector that relies heavily on volatile remittance flows.

GEORGETOWN, Guyana – Guyana has hinted at the possibility of imposing restrictions on Caribbean Community (CARICOM) countries if they continue to impose barriers that hinder the export of Guyanese products within the 15-member regional integration grouping.

CASTRIES, St. Lucia – The Organisation of Eastern Caribbean States (OECS)  says it has launched a consultancy to deliver a training programme, to assist the Registrars of Companies in Antigua and Barbuda, Dominica, Grenada, and St. Vincent and the Grenadines with integrating a new, updated platform for the online registration and incorporation of companies.

GEORGETOWN, Guyana – Outgoing Chinese Ambassador Guo Haiyan says bilateral trade between Guyana and China skyrocketed to US$800 million in the first half of 2024.

BELMOPAN, Belize - Trade and Economic Development Ministers from the Caribbean Community (CARICOM) who met in Guyana last week, have agreed to hold a special meeting early next year to approve and certify a Partial Scope Agreement between Belize and El Salvador.

GEORGETOWN,  Guyana – The Guyana Manufacturing and Services Association (GMSA) has expressed concern regarding the ongoing industrial action at the port of Port-of-Spain in Trinidad and Tobago, saying it has severely disrupted regional trade and impacted businesses in Guyana.

BASSETERRE, St. Kitts – The Caribbean Resilient Economies and Sectors Activity (RESET) says it will launch its grants program aimed at assisting businesses in the Eastern and Southern Caribbean here this week.

WASHINGTON, DC –  The Inter-American Development Bank (IDB) says Caribbean countries will receive US$18.4 billion in remittances, with a two per cent growth, similar to that observed in 2023.

PARAMARIBO, Suriname – Suriname has signed a Memorandum of Understanding (MoU) with the Chinese-based Aluminum Corporation of China Limited (Chinalco)  for the mining of bauxite in West Suriname.

BRIDGETOWN, Barbados – Barbados has signed a US$500 million agreement with the Export-Import Bank of the United States (EXIM Bank), targeting critical sectors such as renewable energy, cybersecurity, water infrastructure, and maritime security.

PRAMARIBO, Suriname – President  Chandrikapersad “Chan” Santokhi says every Surinamese national will receive a share in royalties of US$750 with an interest of seven percent annually from the energy sector.

NASSAU, Bahamas - The Bahamian government has welcomed the launch of  a new debt conversion project that will save the country an estimated US$124 million over the next 15 years and enable it to improve ocean conservation and management of the Bahamas Protected Areas System.