Search Result for: macroeconomic

90 results found.

Jamaica to Receive $71.4 Million Disbursement From IMF

Above: Kingston (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has completed its third review of Jamaica’s performance under its Extended Fund Facility-supported programme. The completion of the review enables the disbursement of around $71.4 […]

IMF: Dominican Republic Economy to Grow 4.5 Percent in 2014

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff The Dominican Republic’s economy is projected to grow by 4.5 percent in 2014, according to a projection from the International Monetary Fund, which recently concluded a visit to the […]

Jamaica: IDB Approves $60 Million Loan to Improve “Competitiveness”

Above: Kingston (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank has approved a $60 million loan aimed at improving “competitiveness” in Jamaica, the bank announced last week. The loan will “promote tax and land titling reforms and […]

Political Independence and Economic Development in the Caribbean

By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]

Jamaica, Inter-American Development Bank Sign $60 Million Loan Contract

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica and the Inter-American Development Bank have signed a $60 million loan contract. The loan is the third tranche of financing for a public financial and performance management programme, according to […]

Dennis Chung: Behaviour and Economic Growth in Jamaica

By Dennis Chung CJ Contributor LAST SATURDAY I was with my cycling group for the ride out to Palisadoes and back. After getting to the airport roundabout we usually turn and go back to Harbour View before heading back to […]

Trinidad Prime Minister Leading Delegation to Panama

Above: Panama City By the Caribbean Journal staff Trinidad and Tobago Prime Minister Kamla Persad-Bissessar will lead a delegation to Panama on Tuesday. The trip comes in the context of the Americas Competitiveness Forum in Panama City, which lasts from […]

Who Will Lead Caribbean Transformation?

By Zhivargo Laing CJ Contributor Dr Shelton Nicholls, former deputy director of the Central Bank of Trinidad and Tobago, was right when he said Caribbean countries needed to ensure economic growth strategies address the current challenges as well as take […]

IMF: Signs of Economic Recovery in St Kitts and Nevis

Above: St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis’ economy is showing signs of growth after four years of contraction, according to the International Monetary Fund. The IMF concluded its fifth and sixth reviews of […]

Jamaica’s Pillars for Growth

By Dennis Chung CJ Contributor MY last article looked at how Jamaica can increase competitiveness in the tourism industry, which is critical for Jamaica because tourism is our highest foreign exchange earner, and the area in which we have always […]

Op-Ed: World Bank President Jim Yong Kim on Opportunity in Latin America

By Jim Yong Kim Op-Ed Contributor LATIN AMERICA has had a good decade. Over the last 10 years, economic growth averaged 4.2 percent, and 70 million people escaped poverty. Macroeconomic stability, open trade policies and pro-business investment climates have supported […]

Suriname to Receive $100 Million in Loans From IDB, China

Above: Suriname’s National Assembly By the Caribbean Journal staff Suriname will be receiving a pair of $50 million loans from the Inter-American Development Bank and the China Co-financing Fund for Latin America and the Caribbean. The funding is part of […]

IMF Lowers Haiti Growth Forecast, Citing Weak Agricultural Recovery

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The IMF has lowered its growth forecast for Haiti to 3.4 percent from 6.5 percent, the Fund announced following the visit of a mission to Haiti. Despite what it called 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 […]

IMF Approves $932 Million Jamaica Deal

Above: Kingston (CJ Photo) By Alexander Britell The International Monetary Fund’s Executive Board has approved a $932.3 million Extended Fund Facility arrangement for Jamaica, it announced Wednesday. The four-year EFF represents the equivalent of 225 percent of Jamaica’s quota in […]

Doing Business in the Caribbean: Lessons From Singapore

By Paul Hay Op-Ed Contributor In the “Competitiveness of Small Nations: What matters?”, Densil Williams and Beverly Morgan analyze the competitive performance of Singapore, Barbados, Jamaica, Trinidad and Tobago under the “Global Competitiveness Report” over a period spanning 2004/5 to […]

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 […]

Cyprus and Jamaica

By Dennis Chung CJ Contributor PROBABLY THE MOST senseless decision I have ever seen in my lifetime, was the decision by the Cyprus government and European Union to impose a levy of up to ten per cent on bank deposits. […]

IMF: Haiti’s Business Environment “Needs to Be Strengthened”

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti has a business environment “needs to be strengthened,” the International Monetary Fund said following approval this week of a $7.4 million disbursement by its Executive Board. The move comes after […]

IMF: Antigua and Barbuda Economic Recovery to Continue in 2013

Above: Antigua (CJ Photo) By the Caribbean Journal staff Antigua and Barbuda’s real GDP grew by 1.6 percent in 2012, buoyed by a recovery in tourism and construction, and the country’s recovery will continue in 2013, according to the International […]

Fitch Raises Jamaica’s Sovereign Rating, Citing Debt Exchange

Above: Kingston (CJ Photo) By the Caribbean Journal staff Fitch has raised Jamaica’s local and foreign currency default ratings to “CCC” from “RD,” the New York-based firm announced Friday. The “CCC” rating implies that default is a “real possibility,” however. […]

Jamaica, IMF Reach $750 Million Staff-Level Agreement

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has reached its long-awaited agreement with the International Monetary Fund, the organization announced in a statement Friday. The staff-level agreement is on the key elements of an economic programme that […]

IMF: Jamaica Must Address Structural Impediments to Growth

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica must address “with urgency” the structural impediments to the country’s growth, including its excessive debt burden, the International Monetary Fund said following its visit to the country. The statement by […]

Gender-Responsive Budgets in Jamaica

By Marcia Forbes, PhD CJ Contributor A Solid WROC With the talk at every level of Jamaican society being about the IMF and the critical role the coming relationship with this institution will play in the country’s future, it […]

Jamaica Signs Off on IMF Measures; Talks Heading Toward “Final Round”

Above: Minister Peter Phillips (CJ Photo) By the Caribbean Journal staff Jamaica’s Cabinet has signed off on a series of measures required to advance the country’s negotiations with the International Monetary Fund, Finance Minister Dr Peter Phillips said at a […]

IMF Lowers Haiti GDP Projection, Citing Storms, Public Capital Spending

Above: flooding like that during Hurricane Sandy impacted Haiti’s GDP growth this year (UN Photo/Logan Abassi) By the Caribbean Journal staff Real GDP growth in Haiti has slowed to 2.5 percent in 2012, down from an earlier projection that the […]

IMF: Dominica Economic Recovery Continues, But Losing Momentum

Above: Roseau (CJ Photo) By the Caribbean Journal staff Dominica’s economic recovery is continues, but it is losing momentum, according to the International Monetary Fund, which last week concluded its 2012 Article IV Consultation with the country. “Over the past […]

IMF: “Slow Recovery May Be Underway” in St Vincent and the Grenadines

Above: Bequia (Photo: Discover St Vincent) By the Caribbean Journal staff Economic indicators suggest that a “slow recovery may be underway” in St Vincent and the Grenadines, according to the International Monetary Fund, which recently concluded a visit to the […]

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