Finance

Development Bank of Jamaica issues $4.85 billion in loan guarantees to boost MSMEs

Development Bank of Jamaica issues $4.85 billion in loan guarantees to boost MSMEs

16th of August 2024

In the second half of 2024, Barbados will continue to push the rate of economic growth, and it expects to reach approximately 3.9 percent.

Barbados to maintain sustaining economic growth and build resilience in 2024

7th of August 2024

Guyana retains Miss Caribbean Culture Queen Pageant, Shequana Holder outshines. Picture Credits: Fb accounts

Guyana retains Miss Caribbean Culture Queen Pageant, Shequana Holder outshines

7th of August 2024

The Government of Jamaica, under the guidance on Prime Minister Andrew Holness, launched the REACH and REBUILD programme that involves housing grant to benefit families whose homes were completely destroyed or damaged as a result of Hurricane Beryl.

Jamaica unveils comprehensive Aid programme of $1 billion for Hurricane Beryl victims

6th of August 2024

Guyana now has three producing Floating, Production, Storage and Offloading (FPSO) vessels in the Stabroek Block, a complete Low Carbon Development Strategy (LCDS) 2030, and enhanced mining’s surveillance system.

Guyana’s path to Resilient Economy: Advances in natural resources and Low Carbon Development

6th of August 2024

Following Hurricane Beryl, the UK government has made a commitment for up to £500,000 through the Caribbean Disaster Emergency Management Agency (CDEMA) to assist with quick response.

UK Pledges £500,000 for Hurricane Beryl Relief: Swift Aid for Grenada and St Vincent

30th of July 2024

Dominica to secure fundings for the construction of new smart cargo port at Donkey Beach Canefield. This update has been announced by the Finance Minister, Dr Irving McIntyre during Budget address 2024/2025.

New Smart Cargo Port to be built in Canefield: Dominica Finance Minister

26th of July 2024

Dominica: The Minister of Finance, Dr Irving McIntyre stated that the inflation rate of Dominica continues to remain below global level.

Govt commitment results in reduced Dominica’s inflation rate: Minister Irving McIntyre

26th of July 2024

The Government of Dominica has made significant strides in managing and recovering from various challenges, including natural disasters and a global pandemic. This was announced by the Minister of Finance, Dr Irving McIntyre, during his budget address today.

Dominica’s economy defies global trends with 4.7% growth: FM Irving McIntyre

26th of July 2024

Jamaica: The Office of the Prime Minister (OPM) is advising that the imposition of the toll on the May Pen to Williamsfield leg of Highway 2000 will be deferred to August 17.

Jamaica halts Highway tolls to aid acceleration of Beryl recovery

26th of July 2024

On July 16, 2024, a delegation of the Government of India paid a visit to St Vincent marking a defining moment in the long-standing relation between the two countries, announcing a grant of US $1 million towards retrofitting three key buildings.

St Vincent: India Pledged Support, granting US $1M for Agricultural Development

26th of July 2024

The 47th Regular Meeting of the Conference of Heads of Government of the CARICOM will take place from July 28 to 30, 2024, in Grenada. This is in keeping with other activities happening within Grenada as the country celebrates its 50th anniversary of independence.

Grenada Hosts 47th CARICOM Summit to celebrate 50 years of Independence

25th of July 2024

Prime Minister Andrew Holness has announced a major initiative to reclaim Spanish Town from criminal gangs with the construction of a $2.2 billion divisional police headquarters.

PM Andrew Holness to Invest $2.2 Billion for construction of Police Headquarters to revitalize Spanish town

25th of July 2024

The Trinidad and Tobago Police Service (TTPS) is advising members of the public to transact business at safe spaces, which include police stations. They further urged residents to ensure that payments made or received are bona fide before releasing goods for sale.

Trinidad and Tobago Police Service Urges for Safe Transactions, Arrests one in robbery case

24th of July 2024

The Monetary Council of the Eastern Caribbean Central Bank (ECCB) made available the grant funds of $1 million each for disbursal to Grenada and St Vincent and the Grenadines in a bid to immediately provide much-needed critical relief.

ECCB to provide monetary support of $1 Million to Grenada and St Vincent and the Grenadines

24th of July 2024

The Government of Jamaica, through the Ministry of Labour and Social Security, is to launch a $400,000 housing grant programme to benefit families whose homes were completely destroyed or damaged as a result of Hurricane Beryl.

Jamaica Government Announces $400K Housing Grants for Hurricane Beryl Recovery

24th of July 2024

The Cabinet of Antigua and Barbuda last week met with a high-level nine-member team from the Ministry of Finance in a significant step towards the assessment of the fiscal health of the nation. The cabinet announced the government to be at a deficit of US $220 m.

Antigua and Barbuda Grapples with US $220M Deficit Amid Revenue Rises

23rd of July 2024

A donation of US $200,000 and medical supplies from the Cayman Islands was initiated, which will be a big boost to the efforts of the Jamaican government in the restoration of normality after the devastation caused by Hurricane Beryl.

Jamaica: Cayman Islands extend Helping Hand, donating US $200K to boost Hurricane Beryl Recovery

22nd of July 2024

Foreign Ministers from twelve Western Hemisphere countries arrived in Washington this week for high-level talks on ways to boost economies across Latin America and the Caribbean.

12 Nations from Latin America and Caribbean cumulate to ensure Economic Growth

20th of July 2024

The United States Southern Command, or SOUTHCOM, recently made the donation to the Trinidad and Tobago Defense Force (TTDF), through the US Embassy of 45 state-of-the-art military Harris radios.

Enhanced Communication for TTDF: US Donates Harris Radios Valued at US $653K

20th of July 2024