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News

Turks and Caicos Islands Economy Grew 4.1 Percent in 2011: Report

By the Caribbean Journal staff The Gross Domestic Product of the Turks and Caicos Islands grew by 4.1 percent in 2011, according to a report from interim Chief Economist Stephen Pollard. The total figure for GDP in constant market prices […]

News

Turks and Caicos Plans $10 Million Redevelopment of Providenciales Airport

Above: a rendering of the new terminal (Photo: TCIAA) By the Caribbean Journal staff The Turks and Caicos Islands Airport Authority has announced plans for the $10 million redevelopment of Providenciales International Airport. The announcement was made by Airport Authority […]

Markets

Governor: Turks and Caicos Has "Real Potential" for Economic Growth

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff The Turks and Caicos Islands has “real potential for economic growth,” according to Governor Ric Todd, who launched the territory’s new Green Paper on economic development Monday. […]

News

Turks and Caicos Projects Revenue Increase, But "Further Work" Remains

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff Turks and Caicos’ draft budget projects a 20 percent increase in revenues for the financial year 2012/2013. The new draft budget, which goes to Turks and Caicos’ […]


Turks and Caicos Special Investigation and Prosecution Team Gets New Funding

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff The Turks and Caicos government’s Special Investigation and Prosecution Team has received $7.2 million in additional funding from the United Kingdom. The funding, which was announced by […]


Turks and Caicos Governor Signs New Public Finance Management Law

Above: the Turks and Caicos House of Assembly (Photo: GIS) By the Caribbean Journal staff Turks and Caicos Governor Ric Todd has signed the territory’s new Public Financial Management Ordinance aimed at improving standards of accountability in the management of […]

News

Turks and Caicos Government Reports Revenue Jump, Shrinking Deficit

Above: Turks and Caicos (Photo: TCIT) By the Caribbean Journal staff The government of Turks and Caicos reported revenues of $118.5 million in the third quarter of financial year 2011-2012, with a $33.5 million reduction in the territory’s deficit. While […]


Turks and Caicos Government Appoints Five New Permanent Secretaries

Above: The Turks and Caicos House of Assembly (Photo: GIS) By the Caribbean Journal staff The Turks and Caicos Islands’ government has appointed five new Permanent Secretaries, following ratification by Governor Ric Todd today. The new Permanent Secretaries are Judith […]


Interview with Turks and Caicos Chief Financial Officer Hugh McGarel-Groves

By Alexander Britell Turks and Caicos has embarked on a series of measures aimed at returning stability both to the country’s economy and the government’s financial position. Now, Chief Financial Officer Hugh McGarel-Groves is cautiously optimistic, predicting that the government’s […]

CJ Interviews

Interview with Turks and Caicos Islands Governor Damian Roderic Todd

By Alexander Britell In September, Damian Roderic “Ric” Todd was sworn in as the Governor of the Turks and Caicos Islands, succeeding Gordon Wetherell, who had served as governor since 2008. TCI, which saw its self-government suspended by the British […]



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