International Monetary Fund

 

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    May 15, 2013 - The International Monetary Fund (IMF) called on Latin America and the Caribbean to take advantage of still favorable external conditions to lay the grounds for sustained growth by strengthening its policy buffers.


    Feb. 17, 2013 -- “The mission has reached a staff-level agreement with the Jamaican authorities on the key elements of an economic program that can be supported by a 48-month arrangement under the Extended Fund Facility (EFF), in the amount equivalent to SDR479 million (about US$750 million or 175 percent of quota).

    Nov. 14, 2012 - Oxfam and the Inter-American Development Bank (IDB) have signed a memorandum of understanding to formalize their commitment to collaborate on key development projects and initiatives to overcome poverty and inequality in Latin America and the Caribbean.

    Aug. 29, 2012 - An International Monetary Fund (IMF) mission led by Geoffrey Bannister visited Antigua and Barbuda during August 14–24, to undertake the combined seventh review of the program under the Stand-By Arrangement (SBA) approved by the Fund’s Executive Board on June 7, 2010 (see Press Release No. 10/232) and the Article IV consultation.


    April 26, 2012 - While the economic challenges facing Latin America and the Caribbean differ across countries, one theme is common: they should rebuild policy space and be watchful for downside risks.

    MEXICO CITY -- April 18, 2012 (marketwatch.com): The International Monetary Fund said Tuesday that prospects for Latin America and the Caribbean remain promising, with economic growth expected to pick up pace in 2013 after a slight slowdown in 2012.


    Jan. 26, 2012 - The St. Kitts and Nevis’ economy is estimated to have remained flat in 2011 after two years of contraction, but the outlook remains favorable supported by Foreign Direct Investment-related construction projects and an improvement in tourism activities.

    Kingston - Jan. 25, 2012 - The just concluded five-day preliminary talks between the Government and the International Monetary Fund (IMF) have resulted in greater understanding of the priorities of the administration, and provided an updated assessment of the country’s current economic position, setting the stage for early negotiations of a new Fund programme.


    Presentation on Western Hemisphere Fall 2011 - "Regional Economic Outlook: Shifting Winds, New Policy Challenges"; Western Hemisphere Department International Monetary Fund; Barbados, October 13, 2011


    Bridgetown - Oct. 14, 2011 - Recovery in much of the Caribbean, including Barbados remains weak. This is the view of David Vegara, Deputy Director, Western Hemisphere Department of the International Monetary Fund (IMF). He also outlined that while prospects are better for mineral-rich countries, with Suriname and Guyana benefiting from record gold prices, expansion in tourism-based economies such as Barbados are expected to see a lower growth rate than previously projected.

    July 29, 2011 - The Executive Board of the International Monetary Fund (IMF) has approved a three-year Stand-By Arrangement (SBA) for an amount equivalent to SDR 52.51 million (about US$84.5 million) with St. Kitts and Nevis.

    July 20, 2011 - Montserrat has a number of promising opportunities to enhance its growth prospects.


    Washington -- March 5, 2011 -- Despite external and domestic shocks, the Guyanese economy demonstrated resilience and registered a fifth consecutive year of robust growth in 2010


    March 1, 2011 -- The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of an amount equivalent to SDR 2.075 million (about US$3.26 million) under the Rapid Credit Facility (RCF) for St. Vincent and the Grenadines to help the country manage the economic impact of Hurricane Tomas.



    Washington -- Feb. 8, 2011 -- After 15 years of positive growth, Trinidad and Tobago was hit hard in 2009 by the global financial crisis, the fall in energy prices, and the collapse of a large financial conglomerate.

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