Search Result for: economic outlook

98 results found.

Moody’s Gives Trinidad Stable Outlook

Above: Port of Spain, Trinidad Moody’s recently rated Trinidad and Tobago with a “Stable Outlook,” along with rating its government bonds at BAA1–Stable for foreign currency and BAA1 for local currency. According to a July credit analysis report, the country’s […]

IMF: Jamaica “On Track”

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s International Monetary Fund programme is “on track” and policy implementation “remains strong,” according to the IMF, which recently concluded a staff review mission to the country. “Jamaica’s economic transformation programme […]

Haiti, Dominican Republic to Lead Caribbean Growth in 2014, 2015

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff What’s the Caribbean island with the strongest economic growth? It’s Hispaniola, home to Haiti and the Dominican Republic, which are projected to lead the Caribbean in economic growth over […]

IMF Mission Visiting Jamaica

Above: Kingston (CJ Photo) By the Caribbean Journal staff A team from the International Monetary Fund was set to begin a visit to Jamaica on Wednesday to conduct the fifth review of Jamaica’s performance under the Extended Fund Facility.” The […]

Op-Ed: World Bank VP Hasan Tuluy on a Balanced Path to Caribbean Prosperity

By Hasan Tuluy Op-Ed Contributor The recent High Level Caribbean Forum in Nassau was the latest in a series of discussions to develop a road map for the region’s long-term economic growth while addressing persistent debt and fiscal issues. A […]

Antigua Completes IMF Programme

Above: downtown St John’s (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has completed its 10th and final review of Antigua and Barbuda’s performance under its Stand-By Arrangement. The IMF will now disburse $25.4 million […]

Central Bank: Trinidad Economy Grew Just 0.2 Percent in 2012

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago saw GDP growth of just 0.2 percent in 2012, lower than its expected rate of 1 percent, according to Central Bank Governor Jwala Rambarran. The shortfall […]

Simpson Miller: Jamaica to Restart “Inner City Renewal” Initiative

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s government will be restarting a programme from the former Jamaica Labour Party administration aimed at upgrading downtown Kingston. The project will restart in the 2014/2015 fiscal year, featuring a housing […]

IMF: Haiti GDP Projected to Grow By 6.5 Percent in 2013

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti’s economy is projected to grow by 6.5 percent in 2013, according to the International Monetary Fund’s latest World Economic Outlook. That number is in line with a projection made by […]

IMF Approves $10.16 Million Disbursement for Antigua and Barbuda

Above: St John’s (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $10.162 million disbursement to Antigua and Barbuda, following the completion of its eight and ninth reviews of the country’s economic performance […]

Virgin Holidays “Cautiously Optimistic” on Caribbean in 2013

Above: Antigua (CJ Photo) By Alexander Britell PARADISE ISLAND — Virgin Holidays is cautiously optimistic for the Caribbean market in 2013, according to John Taker, the company’s purchasing director. Virgin saw 2 percent growth in the Caribbean in 2012. For […]

Central Bank Governor: “Cautious Optimism” for Trinidad’s Economy

Above: Trinidad By the Caribbean Journal staff The short-term outlook for Trinidad’s economy should be one of “cautious optimism,” according to Trinidad Central Bank Governor Jwala Rambarran. The governor was speaking at a recent “Economic Outlook 2013” luncheon held by […]

IMF: Haiti, Suriname, Dominican Republic Boast Top Regional Growth

By the Caribbean Journal staff Haiti, Suriname and the Dominican Republic will post the Caribbean’s highest GDP growth rates i 2012, according to quarterly projections released Monday in the International Monetary Fund’s World Economic Outlook. Haiti is projected to grow […]

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, […]

St Kitts and Nevis to Receive $4.76 Million Disbursement from IMF

Above: Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis will be receiving a $4.76 million disbursement from the International Monetary Fund following approval by the fund’s Executive Board. The Stand-by arrangement was originally approved […]

Haiti’s Economy “Continues to Grow,” But Must Accelerate Reconstruction: IMF

Above: Jacmel during Carnival By the Caribbean Journal staff Haiti’s economy is moving in a positive direction, though at a level below that projected by the International Monetary Fund’s Extended Credit Facility arrangement, the IMF said following the conclusion of […]

Haiti’s Economy to Grow 7.8 Percent, Lead Caribbean in 2012: IMF Report

Above: Jacmel (Photo: Capponi Group) By the Caribbean Journal staff Haiti’s Gross Domestic Product is projected to grow by 7.8 percent in 2012, according to the recently-released World Economic Outlook from the International Monetary Fund. Haiti’s projected growth comes after […]

Haiti Economy Continues Recovery, but Political Deterioriation a Risk: IMF

Above: Miragoane, Haiti (UN Photo/Victoria Hazou) By the Caribbean Journal staff Haiti’s economy has as a favourable outlook, and continues to recover, though economic and political risks remain, according to the International Monetary Fund. The International Monetary Fund’s Executive Board […]

Bermuda GDP Falls Again in 2011, But Tourism Industry a Bright Spot

Above: Bermuda (Photo: BT) By the Caribbean Journal staff Bermuda’s economy contracted by an estimated rate of between 1.5 and 2.5 percent in 2011, following a 1.9 percent decline in 2010, according to the National Economic Report of Bermuda 2011 […]

Montserrat’s Economy to Grow 5 Percent in 2012: IMF Report

By the Caribbean Journal staff Montserrat’s economy is projected to grow by 5 percent in 2012, following growth of just 0.5 percent in 2011, according to the International Monetary Fund. The country has made “enormous progress” in its ongoing recovery […]

Anguilla Chamber of Commerce President Keithley Lake Talks Business

Above: the Viceroy Anguilla By Alexander Britell While Anguilla saw a wave of luxury resort development during the economic boom in the middle of the decade, like the rest of the Caribbean it was hurt by the economic downturn. Some […]

IMF: St Kitts and Nevis Showing Recovery

Above: St Kitts viewed from Nevis (CJ Photo) By the Caribbean Journal staff The International Monetary Fund has approved a three-year Stand-By Arrangement for $84.5 million with St Kitts and Nevis, in a bid to support the federation’s economic program […]

International Monetary Fund: Caribbean Real GDP to Grow 4.2 percent in 2011

The Caribbean region’s real GDP is projected to grow at 4.2 percent this year, following a 3.4 percent increase in 2010, according to the International Monetary Fund’s World Economic Outlook. The organization predicted a 7.2 percent in consumer prices for […]

Delta Just Launched Two New Nonstop Routes to Puerto Rico

Delta Air Lines has kicked off a pair of new routes to San Juan, Puerto Rico, Caribbean Journal has confirmed. The carrier has started new nonstop service from both Boston Logan Airport and Detroit’s Wayne County Airport to San Juan’s […]

Building the New British Virgin Islands

By Alexander Britell It’s been a “wild ride” for the British Virgin Islands in the last half decade, first with a storm and then a pandemic. But one company has been at the forefront of the British Overseas Territory’s reconstruction […]

How US Virgin Islands Tourism Survived the Pandemic

The pandemic has had a devastating effect on the tourism industry at large, and on the cruise business in particular. As a region largely dependent on the cruise business, the Caribbean took an incredible economic hit. The U.S. Virgin Islands […]

What Does the Future Hold for Sandals Resorts International?

By Joe Pike, Special Contributor 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 […]

OBMI CEO Douglas Kulig on Design, Sustainability and Antigua’s Development Boom

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 […]

The Caribbean’s Most Exciting New Rooftop Bar Is In Antigua