Search Result for: minister of finance

417 results found.

Jamaica’s New Parliament

By Marcia Forbes, PhD CJ Contributor Fresh-faced Senators so Far It’s been a whirlwind of activities in Jamaica over the past two weeks in particular. National Elections came and went and a new 43 year old Prime Minister with his […]

Jamaica’s Political Families

Political families in Jamaica By Marcia Forbes, PhD CJ Contributor Political Families a Global Norm? In the USA they have the Kennedys, the Bushes and the Clintons. Before them, there were the Rockefellers and the Roosevelts. In Kenya, Jomo Kenyatta […]

A Cabinet Reshuffle in Jamaica

By the Caribbean Journal staff Jamaica’s Cabinet has undergone a slight reshuffle. The country’s Prime Minister, Portia Simpson Miller, announced reassignments of several ministers in a statement issued Friday. The reshuffle, which takes effect on Monday, sees Horace Dalley assigned […]

Cayman’s Economy Up 1.4 Percent

Economy grows in early 2015 By Dana Niland CJ Contributor The Cayman Islands economy experienced a 1.4 percent growth in the first quarter, according to a report by the Economics and Statistics Office. A number of sectors contributed to the […]

Why Antigua and Barbuda is the New Caribbean Hollywood

A major new Caribbean film hub By Dana Niland CJ Contributor Is Antigua the new Caribbean Hollywood? Golden Island Filmworks, an independent feature film finance and production company, has closed on a $125 million equity financing agreement with the government […]

Jamaica Getting $130 Million Loan to Help Stimulate Economic Growth

A major financing program By the Caribbean Journal staff Jamaica is getting a $130 million loan from the Inter-American Development Bank, the organization announced. The loan aims to strengthen Jamaica’s structural program for economic growth. “The Jamaican government has been […]

Montego Bay’s “Elegant Corridor” Gets New LED Lighting

Jamaica’s Elegant Corridor lights up By Dana Niland CJ Contributor Montego Bay’s Elegant Corridor has unveiled a major new lighting project. Jamaica’s Tourism Enhancement Fund has financed the installation of 797 new state-of-the-art LED lights. The lights cover a 27-kilometre stretch of […]

How Colombia is Building Green

Above: Medellin By Dana Niland CJ Contributor Colombia has embarked on a significant new green building initiative. The plan to promote efficiency in water and energy use in new buildings is now receiving praise abroad, from both the International Finance Corporation (IFC) and […]

US, Jamaica Sign Deal to Build Major New Solar Energy Plant

Above: the signing ceremony in Jamaica (JIS Photo) By Dana Niland CJ Contributor The United States’ Overseas Private Investment Corporation (OPIC) has signed a $47 million financing agreement with WRB Enterprises for the development of a 20-megawatt solar plant in […]

Jamaica Approves $1.3 Billion in New Casino Resort Projects

Above: Jamaica Finance Minister Peter Phillips By Alexander Britell Two major new casino resort developments are coming to Jamaica. The country’s Cabinet this week gave approval for provisional development orders for a pair of developers for huge new casino resort projects. […]

How the Red Cross Failed Haiti

Above: The Red Cross promised to build hundreds of new homes in Campeche but none have been built. Many residents still live in crude shacks. (Marie Arago, special to ProPublica) By Justin Elliott, ProPublica, and Laura Sullivan, NPR THE NEIGHBORHOOD […]

Bidding Set to Begin For St Lucia Airport Redevelopment Project

Above: Hewanorra International Airport in St Lucia (CJ Photo) By the Caribbean Journal staff The bidding process for St Lucia’s airport redevelopment project is slated to begin this month, according to the International Finance Corporation. The project will be undertaken […]

IMF Names New Jamaica Mission Chief

Above: new IMF Mission Chief in Jamaica Uma Ramakrishnan (JIS Photo) By the Caribbean Journal staff The International Monetary Fund has appointed its new mission chief for Jamaica. Dr Uma Ramakrishnan will be filling the role, succeeding Dr Jan Kees […]

Marriott Opens Guyana Hotel

Above: the new Guyana Marriott Hotel Georgetown By the Caribbean Journal staff Marriott has officially opened its first-ever hotel in Guyana. The property is located in the country’s capital, Georgetown, with views of the crossroads of the Demerara River and […]

Turks and Caicos Signs $220 Million Condo-Hotel Development Deal

Above: the signing ceremony (Photo: TCIG) By the Caribbean Journal staff Following the Turks and Caicos Islands’ high-profile announcement of a new $224 million Ritz-Carlton hotel project, the territory has signed a deal for a similarly large $220 million hotel […]

St Kitts and Nevis Swears In New Cabinet

Above: the swearing-in ceremony in Basseterre By the Caribbean Journal staff St Kitts and Nevis has sworn in the twin-island federation’s new Cabinet. In a ceremony on Monday, St Kitts and Nevis Prime Minister Dr Timothy Harris himself accepted the […]

Jamaica Gets Boost to Climate Change Mitigation Efforts

Above: Finance and Planning Minister, Dr Peter Phillips (left), and Inter-American Development Bank (IDB) Country Representative for Jamaica, Therese Turner-Jones By the Caribbean Journal staff Jamaica is getting a boost to its efforts to improve its resilience to climate change. […]

Barack Obama’s New Caribbean Push

Above: US President Barack Obama By Alexander Britell It’s been six years since United States President Barack Obama made his first visit to the Caribbean, on the occasion of the Summit of the Americas in Port of Spain. And it’s […]

What the New Value Added Tax Means for Visitors to the Bahamas

Above: Nassau (CJ Photo) By the Caribbean Journal staff The Bahamas has officially implemented a new Value Added Tax regime, one which will effectively mean a slight reduction in taxes for visitors. Value Added Tax is a consumption tax on […]

Trinidad Begins Work on $89 Million University Campus Project

Above: a rendering of the project By the Caribbean Journal staff Work is now underway at an $89 million university project in Trinidad. The project is the Esmond Ramesar Open Campus Centre in the area of Chaguanas, with the first […]

A Six Senses Resort in Haiti?

Above: a Six Senses spa in the Dominican Republic By the Caribbean Journal staff Could Six Senses one day open a resort in Haiti? The company recently held a working visit to Haiti led by Chairman Wolf Hengst, according to […]

Jamaica Says Fighting Corruption “A National Priority”

Above: Kingston (CJ Photo) By the Caribbean Journal staff The “spectre of corruption” is the single issue sapping public confidence in Jamaica’s government, according to Finance Minister Dr Peter Phillips. The Finance Minister, who was speaking at a conference on […]

Social Justice and Economic Development in Jamaica

By Dennis Chung CJ Contributor EVERYONE should know by now that I believe Jamaica’s economic programme is being managed properly, as the fiscal and legislative adjustments being made are definitely the right option for creating a positive environment for economic […]

Haiti, Dominican Republic Sign Trade Pact

Above: Haiti Prime Minister Laurent Lamothe and Dominican Minister of the Presidency Gustvao Montalvo in Juan Dolio on Thursday (Photo: OPM Haiti) By the Caribbean Journal staff Haiti and the Dominican Republic have signed a new trade agreement, the two […]

Christine Lagarde: Jamaica’s Economic Outlook “Is Improving”

Above: IMF Managing Director Christine Lagarde By the Caribbean Journal staff The economic outlook for Jamaica “is improving,” International Monetary Fund managing director Christine Lagarde said following her official visit to the country. Lagarde, who made her first official visit […]

Antigua PM Appoints New Senators

Above: Antigua’s Parliament (CJ Photo) By the Caribbean Journal staff New Antigua and Barbuda Prime Minister Gaston Browne has announced his appointments to the country’s Senate. Browne, whose Antigua Labour Party swept to power in the country’s recent elections, said […]

Antigua: Opposition Antigua Labour Party Wins Election

Above: incoming Antigua and Barbuda Prime Minister Gaston Browne By Alexander Britell The Opposition Antigua Labour Party has won the country’s general election, according to preliminary election results. In a national address early Friday morning, outgoing Prime Minister Dr Baldwin […]

IMF Managing Director Christine Lagarde to Visit Jamaica

Above: Christine Lagarde By the Caribbean Journal staff Christine Lagarde, the managing director of the International Monetary Fund, will be visiting Jamaica later this month. Lagarde and an IMF delegation will visit the country on June 27, the Ministry of […]

Turks and Caicos’ Newest Resort Is Opening in November, With Its Own Private Lagoon