Jan. 17, 2013 - Economic growth in Latin America and the Caribbean region slowed sharply in 2012, making the region the second slowest performer, after developing Europe and Central Asia, amongst all developing regions of the world. A weak external environment and a contraction in domestic demand were largely responsible for a tepid regional GDP growth estimated at 3 percent in 2012 (4.3 percent in 2011).
Washington -- Nov. 22, 2012 – Remittance flows to the developing world are expected to exceed earlier estimates and total $406 billion this year, an increase of 6.5 percent over the previous year, according to a new World Bank brief on global migration and remittances.
Washington - July 26, 2012 - Central American and Caribbean countries can reduce their oil dependency and shield themselves from high oil prices through a combination of renewable energy, energy efficiency programs and regional energy integration, says a new World Bank report.
Washington - May 23, 2012 -- Today, the World Bank Board of Directors approved a US$25 million financial package to support the first phase of the Caribbean Regional Communications Infrastructure Program. The program will provide 27 million people with access to better and affordable broadband services.
Washington, January 16, 2012 – Today, the World Bank and Google announced an agreement aimed at improving the ability of developing countries to access a web-based community mapping tool and data to help better monitor public services, and improve disaster and humanitarian response efforts. Most developing countries do not have basic local data about where schools, hospitals, or water points are located, and the data they do have is often out of date or incorrect. One way to collect this information is to ask citizens directly, and crowdsource the locations of public infrastructure.
WASHINGTON, November 8, 2011 — Françoise Clottes, World Bank Director for the Caribbean, Giorgio Valentini, World Bank Country Representative for Suriname, and Kirk Ifill, Representative of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, will begin today a three-day visit to Suriname to renew the Bank’s commitment to the country’s development efforts.
Washington-- Sept. 9, 2011—The World Bank Board of Directors approved yesterday a US$100 million loan for Jamaica to support the government's reform program to enhance fiscal and debt sustainability.
Washington -- April 13, 2011 - he region’s growth of about 6 percent last year exceeded the growth rate of Eastern Europe and Central Asia and the rate of high-income countries by more than three percentage points, according to a new report Latin America and the Caribbean’s Success Put to the Test prepared by the World Bank’s chief economist office for the region.
WASHINGTON, March 11, 2011 — The World Bank Board of Directors approved today a US$15 million zero-interest credit to help Saint Lucia rehabilitate key infrastructure damaged by the passage of Hurricane Tomas and improve the island’s capacity to manage disaster risk.
Washington DC -- April 21, 2010 - Latin America has left the economic crisis behind and it’s on course to post solid growth in 2010 on the strength of a global recovery largely led by emerging markets economies, including the region’s own, said today World Bank regional chief economist Augusto de la Torre.
Washington, April 15, 2010 — Old concepts of the “Third World” no longer apply in the new multipolar global economy and new approaches are needed to take account for the interests of developing countries, said World Bank Group President Robert B. Zoellick.
WASHINGTON, March 23, 2010 — The World Bank Group’s Board of Directors today endorsed the Jamaica-World Bank Group Country Partnership Strategy (CPS) for the next four years, which outlines future financial and technical assistance to foster economic stability as well as promote inclusive and sustained growth.
Roseau, Dominica – March 12, 2010 --- The World Bank is currently studying the debt profiles of the countries of the Region in order to construct appropriate plans to ease those Member States with a heavy debt burden, Mr. Robert Zoellick, President of the World Bank, said Thursday afternoon.