Search Result for: minister of finance

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Guyana, IDB Sign Loan Agreement

Above: President Bharrat Jagdeo and IDB President Luis Alberto Moreno By the Caribbean Journal staff Guyanese President Bharrat Jagdeo and Finance Minister Ashni Singh met yesterday with the President of the Innter-American Development Bank, Luis Alberto Moreno, at the bank’s […]

Dookeran: Caribbean Nations “Innocent Bystanders” in Global Financial Crisis

Above: Finance Minister Winston Dookeran last year with IDB President Luis Alberto Moreno By the Caribbean Journal staff Caribbean nations are “innocent bystanders” in the ongoing world economic downturn, Trinidad Finance Minister Winston Dookeran told finance ministers assembled at the […]

Trinidad Approves OECS Ferry

By the Caribbean Journal staff Trinidad’s cabinet has approved the establishment of an inter-island ferry service between Trinidad and the Eastern Caribbean, Transport Minister Devant Maharaj announced yesterday. The service will be financed on a public/private arrangement with the majority […]

Grenada’s “Golden” Opportunity

By Lincoln Depradine Grenada’s Works and Physical Development Minister, Joseph Gilbert, is excited about a Chinese offer of monetary assistance for regional infrastructural development. “Grenada and other Caribbean countries now have a golden opportunity to undertake much-needed investment in developing […]

Guyana, China Sign Funding Deal

Above: President Bharrat Jagdeo speaking at the forum (Photo: GIA) Guyana and China signed an agreement today for a $4.68 million grant, the same amount agreed upon between China and Antigua on an economic cooperation deal. Finance Minister Ashni Singh […]

World Bank Loans Jamaica $100M

By the Caribbean Journal staff The World Bank announced that its board of executive directors had approved a $100 million, 18.5-year loan to Jamaica. The loan will support a series of measures in the country aimed at enhancing fiscal and […]

Taiwan Funds St Kitts Solar Project

By the Caribbean Journal staff The Taiwanese government is funding a project to install solar panels in the government headquarters of St Kitts and Nevis, according to Prime Minister Denzil Douglas. Douglas accepted a cheque from Taiwan’s resident ambassador to […]

Barbados, China to Sign Loan Deals

Barbados and China are slated to sign two agreements totaling $6.1 million today. The two agreements are aimed at facilitating economic and technical cooperation between the two governments, along with providing funds for joint projects between Barbados and China. Barbados […]

China Funds Housing for Carib Indians

The Chinese government is funding a housing project in the Carib Territory of Dominica, with the first tranche of funds already release for the construction of 41 new homes. Last year, the government of Dominica announced that it had offered […]

Guyana Spends $92M on Health, Energy

Above: Parliament in Guyana (Photo: Guyana) Guyana has spent $92 million on improvements to its healthcare and electricity sectors in the first half of 2011, Finance Minister Ashni Singh announced yesterday. The government is working on improving the health infrastructure […]

Jamaica Makes New Push on Aquaculture

Jamaica is working to ensure the survival of the country’s aquaculture sub-sector with several new policies, including the development of a national fisheries policy. New fisheries legislation would create a framework for regulation of aquaculture, according to Agriculture and Fisheries […]

OAS: Involve Small States in G20 Talks

Above: OAS Assistant Secretary-General Albert Ramdin (Photo: OAS) By the Caribbean Journal staff The time has come for small states and smaller economies like those in the Caribbean to be involved in the delibrations of the G20 economic summit, OAS […]

Irwin Stotzky: Haiti, Here We Go Again

Above: a girl stands in front of her home for persons displaced by the earthquake in Port-au-Prince. (UN Photo: Logan Abassi) By Irwin Stotzky Op-Ed Contributor The news from Haiti is grim. Nineteen months after the devastating earthquake, the future […]

Jamaica Tries to Reassure Public on International Monetary Fund Agreement

While the last completed review with the IMF on Jamaica’s economy as September 2010, Jamaican Finance Minister Audley Shaw said the December 2010 and March 2011 assessments had not yet been reviewed by the IMF. “We have neither passed nor […]

Dookeran: Trinidad Economy Stable

By the Caribbean Journal staff Trinidad Finance Minister Winston Dookeran said the country’s economy remains stable, despite Standard & Poor’s decision to lower the country’s long-term local currency sovereign credit rating. The new development, he said, was part of a […]

Report: Cayman Economy Trending Up

By the Caribbean Journal staff The Cayman Islands’ economy is trending upwards, with positive growth of 1.2 percent in the first quarter of 2011, according to a report from the government’s Economics and Statistics Office released Friday. The growth represented […]

Grenada Amends Insurance Law

Above: Grenada’s Parliament Parliament has passed an insurance amendment act 2011 which seeks to change certain provisions of the Insurance Act 2010, highlighted by a broadening of the definition of “local company.” The amended california state car seat laws will […]

Unease over Jamaica’s IMF Review

The Private Sector Organization of Jamaica is concerned about Jamaica’s loan arrangement with the International Monetary Fund, as the world body has yet to complete its performance review for December 2010 and March 2011. Earlier this week, People’s National Party […]

In Jamaica, a New Tack on Tax

Above: Finance Minister Audley Shaw (JIS Photo) Jamaica is looking to instill a culture of tax compliance in the country, in response to what Finance Minister Audley Shaw called an “unacceptably low” level of tax payments. “There are people who […]

New IMF Regional Head to Visit Jamaica

Luis Breuer, the new Caribbean Regional Director of the International Monetary Fund, is due to visit Jamica on Wednesday to discuss outstanding issues considered by the IMF’s board for its quarterly reviews. This will be Breuer’s first visit to Jamaica […]

Interview with Former Bermuda Premier Sir David Gibbons

By Alexander Britell Sir David Gibbons KBE is the former Premier of Bermuda. He led the United Bermuda Party government for 5 years from 1977 to 1982, in addition to having served as finance minister and Member of Parliament. Gibbons […]

Winston Dookeran Steps Down as Head of Trinidad’s Congress of the People

Trinidad Finance Minister Winston Dookeran, the political leader of the Congress of the People party in Trinidad, announced he would be stepping down from his role. Dookeran took the top spot in the party in 2006 after leaving the UMC. […]

Jamaica’s People’s National Party Names New Shadow Cabinet

Jamaican Opposition Leader and former prime minister Portia Simpson-Miller has named a new shadow cabinet, replacing its members with many veterans of her administration in 2007. Peter Phillips, former minister of national security, is now the shadow minister for finance, […]

Guyana, China Agree on Infrastructure, Healthcare Projects

China’s Assistant Commerce Minister, Li Rongcan and Guyana’s Foreign Minister, Carolyn Rodrigues-Birkett Guyana and China signed agreements yesterday on a series of projects, including transportation, health care and cultural-related initiatives. Guyana’s Foreign Minister, Carolyn Rodrigues-Birkett, Finance Minister Ashni Singh and […]

Richard Lightbourn Talks Bahamian Law, the Privy Council and Foreign Investment

By Alexander Britell Richard Lightbourn is a partner at McKinney, Bancroft and Hughes, the landmark Nassau law firm. Current Prime Minister Hubert Ingraham was a law clerk at the firm, and his predecessor, Perry Christie, committed his pupilage at the […]

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