Caribbean Press Releases - recent news & press releases - Articles -

Inter-American Development Bank/World Bank Statement on Extended Fund Facility with Jamaica

Tue, 09 Apr 2013 07:30:00 CDT

April 9, 2013 - Pending approval by their respective Boards of Directors, the World Bank and the IDB have each preliminarily allocated US$510 million in financing over the next four years. This supplements the support provided by the IMF.

IMF Statement on Jamaica

Tue, 09 Apr 2013 07:30:00 CDT

Washington - April 8, 2013 - “Since the conclusion of a staff-level agreement with the Jamaican authorities in February on an economic program that can be supported by the Fund, the authorities have submitted documentation to the IMF to confirm that all prior actions have been met."

Award Winning Reggae Artist Taj Weekes Releases Debut Live Set, Pariah in Transit

Mon, 08 Apr 2013 10:00:00 CDT

April 9, 2013 - New York, NY - Award winning singer/songwriter/guitarist Taj Weekes and his band Adowa release their fourth CD “Pariah in Transit” on Weekes’ Jatta Records.

IDB loan to create jobs, spur garment industry in Haiti

Sun, 31 Mar 2013 16:00:00 CDT

March 31, 2013 - The Inter-American Development Bank (IDB) announced the approval of a loan of up to $4 million to help Willbes HA, a subsidiary of The Willbes & Co Ltd, headquartered in Cheonan, Republic of Korea, to expand its existing ready-made garment facility at the Parc Industriel Métropolitain in Port-au-Prince.

Barbados Commits to Drug Treatment Courts

Sun, 31 Mar 2013 16:00:00 CDT

March 31, 2013 - The government of Barbados signed an agreement with the Organization of American States (OAS) to implement a pilot Drug Treatment Court project to promote judicially supervised treatment alternatives to incarceration for drug dependent offenders.

CCM Administration Sworn in to Nevis Island Assembly

Sun, 31 Mar 2013 16:00:00 CDT

March 31, 2013 - The elected and appointed members of the new Concerned Citizens Movement-led Nevis Island Administration were sworn in as parliamentarians during the first sitting of the Nevis Island Assembly since the January 22 elections.

New WICB President

Sun, 31 Mar 2013 16:00:00 CDT

Port-of-Spain - March 31, 2013 - Deryck Murray has extended his best wishes towards newly elected president of the West Indies Cricket Board (WICB) Whycliffe “Dave” Cameron of Jamaica and his deputy, Emmanuel Nathan of Dominica.

IMF Concludes Article IV Mission to Trinidad and Tobago

Sun, 31 Mar 2013 16:00:00 CDT

Washington - March 31, 2013 - “Trinidad and Tobago has suffered from several years of sub-par growth, with economic performance hampered in significant part by supply constraints."

Bahamas - Monthly Economic and Financial Developments, February 2013

Sun, 31 Mar 2013 16:00:00 CDT

Nassau - March 31, 2013 - Preliminary indicators suggest that domestic economic conditions remained relatively subdued over the review month, amid sustained foreign investment-led construction activity, although some signs of softness were evident in the key tourism sector.

Latin America and the Caribbean should take steps to boost growth while resisting external shocks, IDB report says

Mon, 18 Mar 2013 13:00:00 CDT

March 18, 2013 - The 2013 Latin American and Caribbean Macroeconomic Report says the region could post economic growth exceeding 6 percent if countries adopt structural reforms tailored to their needs.