Economy, Trade & Investment

 
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Bridgetown - Feb. 18, 2015  -  Caribbean countries recorded “modest” economic growth last year even as the region recorded its fourth consecutive year of economic recovery following the global crisis that had seriously affected their socio-economic development.

St John's, Antigua - Nov. 17, 2014 - “Government cannot now meet its payroll expenses from revenue and must borrow to supplement revenue.”

Providenciales - Nov. 3, 2014 - A supplementary appropriations request in the amount of about $5.4 million has been forwarded to the United Kingdom government for approval.


Washington - Oct. 29, 2014 - Three years of sluggish growth in the exports of Latin America and the Caribbean (LAC) make it urgent to implement policies that facilitate trade, according to a study published by the Inter-American Development Bank (IDB).

Nassau - March 4, 2014 - Preliminary indications suggest that domestic economic developments were subdued during the month of January, owing primarily to a relatively flat tourism performance

Feb. 14, 2014 - The Island’s Prime Minister says the latest unemployment figures were to be expected. According to the Department of Statistics, joblessness has risen by more than one percent to 24.9 percent, based on third quarter data from 2013.


Jan. 25, 2014 - The Caribbean Export Development Agency (Caribbean Export) officially announces the publication of the Call for Proposals for both the Accelerated and Regular Procedures grant facilities under the well known Direct Assistance Grant Scheme as part of the Regional Private Sector Development Programme (RPSDP) funded by the European Union under the 10th European Development Fund (EDF) on January 17, 2014.

Nov. 1, 2013 -  5W Public Relations, one of the 25 largest independent Public Relations firms in the U.S., today announced the addition of the Caribbean Shopping Channel (CSC), "the world's premiere Caribbean shopping destination," to its diverse roster of consumer product clients.

Bridgetown - Oct. 25, 2013 - The fiscal adjustment package passed recently by Government provides a platform for the restoration of economic growth through incentives and business facilitation for the foreign exchange sectors, and through investment in infrastructure that will further strengthen the quality of Barbados' tourism products. 

Basseterre - Aug. 29, 2013 - St. Kitts and Nevis’ Prime Minister the Rt. Hon. Dr. Denzil L. Douglas has welcomed the start of two projects at Sandy Bank on St. Kitts’ South East Peninsula which involves foreign direct investment of over US$50 million.

Dominica: Budget Address for Fiscal Year 2013/2014

Roseau - Aug. 9, 2013 - In this Budget presentation, we have remained focused. I can say from the outset, that there will be no new taxes and no unrealistic promises.

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July 29, 2013 - As a whole, Latin American and Caribbean countries will grow by 3.0% in 2013,which is similar to last year's growth rate, according to a new ECLAC report launched recently in Santiago, Chile.

Bassettere, St. Kitts - July 26, 2013 -  The Washington-based International Monetary Fund (IMF) says St. Kitts and Nevis is showing signs of an economic recovery following a four-year contraction in economic activity.

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.


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).

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