BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) Tuesday remained mum on the resignation of its president, Dr. Hyginus ‘Gene’ Leon, who has also threatened to file a lawsuit against the region’s premier financial institution.

WASHINGTON, DC – The International Monetary Fund (IMF) says Latin America and the Caribbean (LAC) region has showed “quite a bit of resilience” and that the rebound from the coronavirus (COVID-19) pandemic has been stronger than previously expected.

WASHINGTON, DC – The Inter-American Development Bank (IDB) Group has  launched FINLAC,  a new initiative to promote financial inclusion by ensuring that the most vulnerable people in Latin America and the Caribbean (LAC) can access the financial services they need.

BRIDGETOWN, Barbados – Former Montserrat premier Reuben Meade Monday said he found it “rather interesting” that subordinate body within the Barbados-based Caribbean Development Bank (CDB) had been able to send the president of the financial institution on administrative leave.

HAMILTON, Bermuda – The Bermuda government says economic growth in the British Overseas Territory has exceeded the pre-COVID-19 pandemic level with international business, local financial insurance and the real estate sectors contributing significantly to the growth.

BRIDGETOWN, Barbados – Government on Saturday signed a US$25 million loan from the African Export–Import Bank (Afreximbank) to redevelop Kensington Oval, with Chairman of the Kensington Oval Management Inc (KOMI) outlining plans to transform the facility into a multi-purpose venue.

WASHINGTON, DC – The World Bank chief economist for Latin America and the Caribbean, William Maloney, Wednesday urged Guyana to ensure that its new found oil wealth benefits the entire population.

WASHINGTON, DC  -The World Bank says that while the Latin America and Caribbean (LAC) region has made significant progress in economic stabilization over recent decades, growth has stalled, undermining progress and that urgent action is needed to reverse course.

WASHINGTON, DC - The creation of the National Partnership Council, the Economic Programme Oversight Committee (EPOC); the adherence to the Fiscal Responsibility Framework introduced in 2010 as well as the continuation of the policy by the JLP in 2016 were instrumental in Jamaica reducing its debt to GDP ratio in a remarkably sustained manner.

ST. GEORGE’S, Grenada– Grenada's government has confirmed that it has been collecting an increase in vehicular license fees without the necessary approval by Parliament.

CASTRIES, St. Lucia – The St. Lucia government says it raised revenue totaling EC$1.68 billion (One EC dollar=US$0.37 cents)  during the 2023-24 fiscal year in order to finance government operations and capital projects.

CASTRIES, St. Lucia – The St. Lucia government says the Citizenship by Investment Program (CBI) contributed EC$45 million (One EC dollar=US$0.37 cents) in revenue to the Treasury during this fiscal year.