BRIDGETOWN, Barbados – Barbados maintained its economic growth momentum in the first quarter of this year, with real gross domestic product (GDP) increasing by an estimated 2.6 per cent,, the Governor of the Central Bank of Barbados (CBB), Dr. Kevin Greenidge, said Wednesday.
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SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC)Tuesday revised downwards, the growth projection for the region’s economies in 2025.
WASHINGTON, DC – Barbados is among countries expected o benefit from a new collaborative framework between the Inter-American Development Bank (IDB) and the OPEC Fund for International Development (OPEC Fund) which will enable the institutions to explore joint co-financing opportunities in key sectors for Latin America and the Caribbean (LAC).
WASHINGTON, DC – The Caribbean region faces a growing youth employment challenge, as outdated infrastructure and limited digital skills continue to constrain economic opportunities and resilience.
BRIDGETOWN, Barbados – The Food and Agriculture Organization (FAO) says it has been working with several regional countries in better manufacture products from sea moss, the superfood that has for decades been consumed across the Caribbean.
WASHINGTON, DC – The International Monetary Fund (IMF) said on Tuesday that economic growth in Latin America and the Caribbean (LAC) is projected to moderate from 2.4 percent in 2024 to two percent this year, before rebounding to 2.4 percent in 2026.
ST. JOHN’S, Antigua – Chairman of the Caribbean Community (CARICOM) Council for Trade and Economic Development (COTED), E.P Chet Greene has welcomed the revised measures announced by the Office of the United States Trade Representative (USTR) regarding China’s maritime, logistics and shipbuilding practices.
GEORGETOWN, Guyana – Guyana will be represented at the Expo 2025 in Japan with Georgetown indicating that its presence there coincides with its National Day that is scheduled for April 27.
WASHINGTON, DC – The Inter-American Development Bank (IDB) says it has reached an agreement with the government of Haiti to launch a five-year recovery and development plan process.
KINGSTON, Jamaica – Prime Minister Andrew Holness, says his government is continuing to advance key engagements aimed at strategically positioning Jamaica to become the fourth node in the global logistics network.
NASSAU, Bahamas – The Bahamian government says the multi-million dollar Cotton Bay Holdings project when completed will provide between 250 to 300 stable employment jobs for the people of South Eleuthera.
GEORGETOWN, Guyana - Guyana has renewed a memorandum of understanding (MoU) with the Canadian Commercial Corporation (CCC) aimed at strengthening economic and commercial relations between the two countries.
BRIDGETOWN, Barbados – Prime Minister Mia Amor Mottley has expressed concern about the rising cost of insurance, insisting that it is a major barrier to climate resilience and threatens the viability of businesses, especially those in the tourism industry.