Economics

Bank of England hikes rates in bid to contain inflation

admin - February 3, 2022

The Bank of England raised interest rates to 0.5% on Thursday and nearly half of its policymakers wanted a bigger increase to contain rampant price...

Economics

CDB projects regional economic growth of 9.1% in 2022

admin - February 2, 2022

The Caribbean Development Bank (CDB) is projecting gross domestic product (GDP) growth of 9.1% across its 19 Borrowing Member Countries (BMCs) in 2022, accelerating...

Economics

CDB to Create Regional Financing Ecosystem to Rescue and Reposition Caribbean Economies

admin - February 1, 2022

The Caribbean Development Bank (CDB) is moving to create a “financing ecosystem” to support the rescue, recovery and repositioning of its Borrowing Member Countries’...

Economics

Jamaica’s PPPs Earn International Recognition

admin - January 31, 2022

Prime Minister, the Most Hon. Andrew Holness, says Jamaica has attained an enviable track record of executing large-scale public-private partnership (PPP) and privatisation transactions. He...

Economics

Trinidad and Tobago – Parliament passes economic zones law

admin - January 31, 2022

The newly approved T&T Special Economic Zones Bill, 2021 will result in the creation of a SEZ Authority. Entitled “An Act to provide for the...

Economics

Bahamas Development Bank launches Orange Economy Technology Micro Grant

admin - January 24, 2022

The Bahamas Development Bank (“The Bank” or “BDB”) is beginning the year with a series of grants aimed at supporting innovation in the Colored...

Economics

Bahamas – UAE Technical Assistance MOU Signed in Dubai

admin - January 19, 2022

A Memorandum of Understanding was signed between Minister of Foreign Affairs and the Public Service of the Commonwealth of The Bahamas, Hon. Fred Mitchell...

Economics

China tops forecasts with 8.1% growth in 2021 but headwinds loom

admin - January 18, 2022

China's economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs that momentum is slowing...

Economics

Jamaica – 27,357 Jamaicans To Receive Cash Grants Under COVID-19 Assistance Programme

admin - December 23, 2021

Approximately 27,357 Jamaicans will receive a one-off $16,000 payment under the COVID – 19 Cash Assistance programme. The $155 million cash transfer initiative, which was...

Economics