Search Result for: fiscal year
265 results found.
Puerto Rico Economic Index Fell 3.8 Percent in Last Fiscal Year: Report
Above: San Juan (CJ Photo) By the Caribbean Journal staff Puerto Rico’s economy fell by 3.8 percent in the last fiscal year, according to data from the Government Development Bank of Puerto Rico. The Government Development Bank uses a metric […]
Jamaica to Receive $80 Million IDB Loan for “Fiscal Sustainability”
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica will be receiving an $80 million loan from the Inter-American Development Bank aimed at improving the “effectiveness and efficiency” of the country’s tax system. The loan will target “fiscal sustainability,” […]
S&P Lowers Bahamas’ Outlook to Negative, Points to Weakening Fiscal Profile
Above: downtown Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has revised the outlook on its long-term rating on the Bahamas to negative from stable, the ratings firm announced Monday. The revision reflected the firm’s view that […]
IMF: Dominican Republic Economy Slows Down, Fiscal Position Deteriorates
By the Caribbean Journal staff The Dominican Republic’s economy has slowed down this year, according to the International Monetary Fund, which recently concluded a staff visit to the country. The meeting, which took place from Sept. 10 to Sept. 18, […]
Haiti Led Caribbean GDP Growth Last Year, Will Again in 2012: ECLAC
Above: a newly-inaugurated staircase in Petionville (Photo: OP) By the Caribbean Journal staff Haiti’s economy led the Caribbean in 2011 and will do so again in 2012, according to new data from the United Nations Economic Commission for Latin America […]
Dominican Republic Unveils Multi-Year Public Sector Planning Programme
Above: Economy Minister Temistocles Montas (Photo: OP) By the Caribbean Journal staff The Dominican Republic’s Ministry of Economy, Planning and Development unveil today its multi-year public sector planning programme through 2014. The plan contains the programmes and projects with budget […]
The Caribbean Year in Review
For the Caribbean, it was the Year of the Vote. By year’s end, five countries, Jamaica, Guyana, St Lucia and Haiti and the British Virgin Islands, will have chosen new leadership, with Jamaicans headed to the polls on Thursday. It […]
Jamaica Gets $65 Million IDB Loan for Fiscal Administration
By the Caribbean Journal staff Jamaica will modernize its fiscal administration in a programme funded by a $65 million Inter-American Development Bank. The programme aims to improve customs and tax revenue collections, along with better management of the government’s debt […]
Puerto Rico Is Breaking Tourism Records
From hotel occupancy to new flights to cruise ship arrivals, Puerto Rico is breaking many of its tourism records, according to Carlos Mercado Santiago, the executive director of the Puerto Rico Tourism Company. The destination’s numbers from the just-closed fiscal […]
Jamaica Has Big Tourism Development Plans in Negril
Jamaica has big tourism plans for Negril on the island’s northern coast. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for […]
Jamaica Reporting Record-Breaking Tourism Earnings
Jamaica’s strong recovery from the pandemic is leading to record-breaking tourism revenues for the island, according to the country’s Minister of Tourism. Minsiter Edmund Bartlett say the island ended the year with tourism earnings of $3.64 billion. “The 2022-2023 fiscal […]
Marriott Set to Debut New Resorts in St Thomas, USVI
Marriott will be debuting a pair of highly-anticipated new resorts in St Thomas, USVI this fall. The new Frenchman’s Reef, St Thomas’ most iconic hotel property, will reopen this winter with a pair of resorts: the The Seaborn, part of […]
MarineMax Is Buying 8 Marinas in the Caribbean
By Alexander Britell To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe today to unlock this […]
US Virgin Islands Tourism Is Booming
It’s been one of the biggest success stories in Caribbean tourism since the onset of the pandemic: the US Virgin Islands, which expertly navigated the uncertain waters of the pandemic and came out with record-breaking numbers. Indeed, from June 2021 […]
Jamaica to Grant Licenses for Two Casino Resorts
Jamaica is planning to grant licenses for two casino resort projects this upcoming fiscal year, Caribbean Journal Invest has learned. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or […]
More Than 7,500 New Hotel Rooms in the Pipeline in Jamaica
Jamaica has more than 7,500 new hotel rooms set to come on stream in the next three years, according to Tourism Minister Edmund Bartlett. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for […]
Carnival Cruise Line Is Relaunching in the Caribbean
Carnival Cruise Line is set to begin its long-awaited return to Caribbean cruising later this summer. The cruise giant will resume cruise operations in the region with eight ships by the end of August, the company confirmed this week. That […]
Trinidad Has Big Tourism Plans
The island of Trinidad has unveiled some bold goals to grow its long-under-the-radar tourism sector. Tourism Trinidad Limited, the island’s destination marketing company, says it is planning to increase visitor arrivals by 7 percent for the 2019-2020 fiscal year period, […]
St Maarten Is Leading a Caribbean Tourism Comeback
By Alexander Britell It’s one of the most sought-after corners of the Caribbean — that famous triangle of Caribbean hotspots: St Maarten, St Barth and Anguilla. And just two years after Hurricane Irma, the trio of destinations is in the midst […]
Puerto Rico Set to Break Cruise Record
By the Caribbean Journal staff A little over a year after Hurricane Maria, the island of Puerto Rico is about to set a major milestone . The destination’s cruise industry is projecting more than 1.7 million cruise passengers in the […]
Puerto Rico Is Reporting Record-Breaking Cruise Numbers
By the Caribbean Journal staff Puerto Rico is seeing very strong cruise numbers in 2018, according to Puerto Rico Governor Ricardo Rossello — and the island is even breaking records. The island actually set a new record for cruise passenger […]
Port Canaveral Just Set a New Passenger Record
By the Caribbean Journal staff Florida’s Port Canaveral just set a new record for cruise passenger movements, the port announced in a statement this week. Port Canaveral has logged 4.5 million cruise passenger movements so far in 2017, already outpacing […]
Jamaica’s Growth: Same Problems, Same Solutions
On Jamaican growth By Dennis Chung CJ Contributor The World Economic Forum has just published the 2016/17 Global Competitiveness Report (GCR), and it shows that Jamaica has improved its ranking from 86 of 140 countries to 75 of 138 countries. […]
Jamaica Eyes Stronger Growth
After years of flat growth, Jamaica is projecting a stronger economy in the medium term. The country projects average real GDP growth of 2.6 percent over the next four years, according to a policy paper tabled by Jamaica Minister of […]
Jamaica Needs a Serious Approach to Development
Time for a new approach for Jamaican Development By Dennis Chung CJ Contributor The current government has economic growth as its main thrust. The phrase coined by the Growth Council — “Five in four” — refers to the objective to […]
Maximizing Jamaica’s Potential
AS I listened to the Planning Institute of Jamaica’s recent review of the Jamaican economy, I thought to myself that we have become a nation that is too used to mediocrity. The PIOJ estimated that the Jamaican economy grew by 0.9 […]
How to Move to Barbados
Yes, it’s possible to move to the Caribbean, whether you want to add a second home or turn your Caribbean beach dream into a reality. Now, moving to the Caribbean means different things for different people and different price points […]
A “Fresh Start” for St Kitts Tourism
A new push in 2016 By Dana Niland CJ Contributor The tourism sector in St Kitts and Nevis is poised to receive a “Fresh Start” in 2016, according to Prime Minister Timothy Harris. “As part of our Fresh Start Agenda, […]
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