Belize PM Heads to Washington

By: - September 27th, 2012

Above: Belize Prime Minister Dean Barrow

By the Caribbean Journal staff

Belize Prime Minister Dean Barrow has left for Washington, DC for a series of high-level talks with multilateral institutions, his office said in a statement.

Barrow, who departed Thursday, is leading a Belizean delegation for discussions with executive officials at the Inter-American Development Bank and the International Monetary Fund.

His United Democratic Party government won another term in the country’s March 7 general election.

It’s likely that the country’s recent partial coupon payment will be a major talking point. The payment, which was had been due Aug. 20, is part of a $547 million “superbond” maturing in 2029.

Deputy Prime Minister Gaspar Vega will be acting as Belize’s Prime Minister during Barrow’s absence.

The Prime Minister will return to Belize Oct. 2.

Belize

S&P Affirms Montserrat Credit Rating; Outlook Remains "Stable"

By the Caribbean Journal staff Standard & Poor’s this week affirmed Montserrat’s “BBB-/A-3” sovereign issuer credit rating, while also affirming its “BBB-” transfer and convertibility assessment. Monterrat’s outlook remains “stable,” according to the ratings firm. The rating reflected “the UK’s strong institutional and budgetary support of the island, according to credit analyst Kelli Bissett. The […]

Belize

Jamaica's House Passes Bill on Foreign Company Tax Exemption

Above: Jamaica Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica’s House of Representatives has passed a bill offering a tax incentive for officers of global companies that set up their head offices in Jamaica. The Income Tax (Amendment) Act, which was spearheaded by Finance Minister Dr Peter Phillips, will offer an income […]

Belize

What Would a Logistics Hub Mean for Jamaica's Economy?

Above: the port of Kingston By the Caribbean Journal staff The development of Jamaica as a global logistics hub could mean a 17 percent bump in GDP over the next six to eight years, according to Industry Minister Anthony Hylton. The figures were baseline estimates from the Planning Institute of Jamaica, he said this week. […]


Cayman Islands Government Toughens Stance on Illegal Vending

Above: Seven Mile Beach in Grand Cayman (CJ Photo) By the Caribbean Journal staff Vendors in the Cayman Islands who set up shop in public places without a valid trade and business licence are breaking law and will be prosecuted, the government said Wednesday. As of Jan. 1, 2013, vendors who do so will be […]

St Lucia's New Ambassador to the United States Presents Credentials

Above: St Lucia Ambassador to the US Sonia Johnny at the OAS (OAS Photo/Maria Patricia Leiva) By the Caribbean Journal staff St Lucia’s new Ambassador to the United States, Sonia Johnny, presented her credentials to United States President Barack Obama in a ceremony last week. Johnny previously served as St Lucia’s US Ambassador frmo 1997 […]

Dominican Republic's Medina: Current Poverty Indicators "Inadequate"

Above: Seven Mile Beach in Grand Cayman (CJ Photo) By the Caribbean Journal staff Vendors in the Cayman Islands who set up shop in public places without a valid trade and business licence are breaking law and will be prosecuted, the government said Wednesday. As of Jan. 1, 2013, vendors who do so will be […]

Belize, Suriname Foreign Ministers Meet With OAS in New York

Above: OAS SG Jose Miguel Insulza and Belize Foreign Minister Wilfred Elrington By the Caribbean Journal staff Belize Foreign Minister Wilfred Elrington and Suriname Foreign Minister Winston Lackin met with Organization of American States Secretary General Jose Miguel Insulza in New York Wednesday. Elrington’s discussions focused on the region’s current political context and on Belize’s […]

SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You