Economics

CDB allocates US$45 million grant funding for Haiti until 2026

admin - March 2, 2022

The Caribbean Development Bank (CDB) has set aside grant funding in the amount of US$45 million for Haiti over the period 2022 to 2026,...

Economics

Explainer: The new U.S. export rules designed to freeze Russian tech

admin - February 25, 2022

The United States on Thursday restricted exports to Russia of a broad set of U.S.-made products as well as foreign-produced goods built with U.S....

Economics

Aruba – The shift from participation in the informal economy to the formal economy

admin - February 24, 2022

The Department of Economic Affairs, Commerce and Industry (DEACI) conducted a study of the informal economy, also known as the shadow economy, in Aruba. It...

Economics

Aruba – Great weekend for tourism

admin - February 23, 2022

In January 2022, the Government of Aruba announced the exit strategy to go back to normal. This exit strategy is essential for the recovery of...

Economics

Jamaica – BOJ On Track For Digital Currency Rollout

admin - February 22, 2022

The Bank of Jamaica (BOJ) remains on track for rollout of the Central Bank Digital Currency (CBDC) during the first quarter of 2022. Deputy Governor...

Economics

ANTIGUA/BARBUDA’S AGGRESSIVE FISCAL CONSOLIDATION FOSTERS 4.8% GROWTH

admin - February 22, 2022

The economy of Antigua and Barbuda recorded growth of at 4.8% for 2021, following a sharp contraction of 20.2% in 2020. That’s the word of...

Economics

Jamaica – 340 New Loan Guarantees for Micro, Small and Medium-Sized Enterprises

admin - February 21, 2022

In the upcoming financial year, the Government, through the Development Bank of Jamaica (DBJ), will provide 340 new loan guarantees for Micro, Small and...

Economics

Bahamas – Minister Sweeting: “Farming will be a highly sought-after career path”

admin - February 20, 2022

The Bahamas Agriculture and Marine Science Institute Bill 2022 has been tabled in the House of Assembly. During his presentation of the Bill on...

Economics

Jamaica – DBJ To Provide $9.5 Billion In Loans To MSMES

admin - February 20, 2022

The Development Bank of Jamaica (DBJ) is anticipating the provision of $9.5 billion in loans to Micro, Small and Medium-sized Enterprises (MSME) during the...

Economics