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Economics

Economics

Jamaica | DBJ Intensifying Efforts to Support Divestment of and Private Investment in State Assets

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The Development Bank of Jamaica Limited (DBJ) plans to intensify efforts to provide support for the divestment of government-owned assets during fiscal year 2024/25,...
Economics

Prime Minister Mottley: Barbados Is Open For Business

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Prime Minister Mia Amor Mottley speaking to the media at Ilaro Court on Friday. (Prime Minister’s Office) Prime Minister Mia Amor Mottley is insisting that...
Economics

Jamaica | Shared Services Pilot a Success – Dr. Clarke

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The Ministry of Finance and the Public Service is reporting that the shared corporate services pilot project, which is being implemented at several ministries...
Economics

St Vincent & the Grenadines to get money from Saudi Fund

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The Saudi Fund for Development (SFD) is providing St. Vincent and the Grenadines with an EC$135 million loan for a number of projects in...
Economics

Digitalisation of banking creates new risks, says global watchdog

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The digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new...
Economics

Jamaica | Finance Minister Says Inflation Target Will Remain at Four to Six Per Cent

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has informed that the current inflation target for the Bank of Jamaica...
Economics

Dominican Republic | Bank BHD commits over US$500 Million to Tourism development

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Banco BHD has announced its commitment to structuring financing for hotel and tourist real estate projects totaling over US$500 million, aimed at fostering economic...
Acquisitions

IBM to buy HashiCorp in $6.4 billion deal to expand cloud software

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IBM will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an...
Economics

IMF forecasts 2 per cent economic growth for Latin America & Caribbean

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The International Monetary Fund (IMF) has projected a two per cent economic growth for the Latin America and Caribbean (LAC) region this year, highlighting...
Economics

Bank of Jamaica Takes Note of Inflation Reduction to the Target Range

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Bank of Jamaica has taken note of the inflation outturn at March 2024 as released by the Statistical Institute of Jamaica (STATIN) on April...
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