Search Result for: expenditure

162 results found.

Jamaica Readies Emergency Jobs Plan

Above: Finance Minister Dr Peter Phillips (JIS Photo) By the Caribbean Journal staff Jamaica’s government is set to roll out its Jamaica Emergency Employment Programme (JEEP) before the end of the current financial year on March 31, according to Finance […]

US Virgin Islands Governor: HOVENSA Closure “A Catastrophic Decision”

By the Caribbean Journal staff The announcement of the impending closure of the HOVENSA refinery on St Croix was a “catastrophic decision” that will affect the entire territory, US Virgin Islands Governor John de Jongh said in his State of […]

IMF: St Kitts and Nevis Outlook “Favourable,” September Targets Met

By the Caribbean Journal staff The International Monetary Fund’s Executive Board has completed its first review of St Kitts and Nevis’ economic performance under a 36-month Stand-by Arrangement. The completion of the review allows the immediate disbursement of $17.6 million, […]

Op-Ed: The IMF and Jamaica

By David P Rowe Op-Ed Contributor It is obvious that the IMF and the JLP government were either in continuous disagreement or that they were unable to enter a mediated agreement over the last year. According to the IMF’s website, […]

IMF Urges Montserrat to Reduce Dependence on United Kingdom Grants

By the Caribbean Journal staff The International Monetary Fund is urging Montserrat to reduce its dependence on recurrent and capital grants to fuel its economy, along with maintaining its ongoing reforms by the fund’s executive board. In the IMF’s recent […]

Interview with Dr Peter Phillips

By Alexander Britell Dr Peter Phillips is the former Minister of National Security, Minister of Transport and Works and Minister of Health in Jamaica, having also served in two other ministerial posts. He is now the campaign director for the […]

Jamaican Growth to Slow in 2012: Report

Above: Kingston By the Caribbean Journal staff Jamaica’s economy is projected to slow to 1 percent in 2012, down from a 1.3 percent rate in 2011, according to a report released this week by the United Nations’ Economic Commission for […]

How Caribbean Health Impacts Caribbean Economies: Interview with the World Bank

Above: the American University of Antigua School of Nursing By Alexander Britell Last month, the World Bank released a report about the way the growing problem of non-communicable diseases in the Caribbean is affecting the region’s economies. Chronic illnesses like […]

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 […]

Interview with Turks and Caicos Chief Financial Officer Hugh McGarel-Groves

By Alexander Britell Turks and Caicos has embarked on a series of measures aimed at returning stability both to the country’s economy and the government’s financial position. Now, Chief Financial Officer Hugh McGarel-Groves is cautiously optimistic, predicting that the government’s […]

IMF: St Kitts and Nevis Met Performance Targets, Despite Weak Growth

Above: Charlestown, Nevis (Photo: CJ) By the Caribbean Journal staff The Federation of St Kitts and Nevis has met all quantitative performance targets through September 2011, according to the International Monetary Fund. The targets were met despite what the IMF […]

Caribbean Tourism Chief Warns Region Against “Political Stupidity”

By the Caribbean Journal staff Caribbean Tourism Organization Chief Richard Skerritt has warned the Caribbean against “political stupidity,” what he called the greatest eminent danger to regional tourism. “Our tourism must be protected from the partisan tribalism that often divides […]

St Kitts and Nevis’ Douglas Moves for More Productive Public Servants

Above: Charlestown, Nevis (CJ Photo) By the Caribbean Journal St Kitts and Nevis Prime Minister Denzil Douglas has issued a warning to the country’s public servants, urging them to be more productive and cherish their employment opportunities. “We still have […]

Interview with St Lucian Tourism Minister Sen. Allen Chastanet

By Alexander Britell St Lucians head to the polls on Monday, with a choice between Prime Minister Stephenson King’s ruling United Workers Party and former Prime Minister Dr Kenny Anthony’s Saint Lucia Labour Party. The major issues in a tightly-fought […]

World Bank: Chronic Diseases Threaten Caribbean Economic Growth

Above: San Fernando General Hospital in Trinidad (Photo: Trinidad Ministry of Health) By the Caribbean Journal staff Chronic diseases like heart disease, obesity and diabetes are the leading cause of death in the Caribbean, and their rapidly- increasing share of […]

Talking China with World Bank Lead Caribbean Economist Auguste Kouame

Above: the Chinese embassy in Kingston By Alexander Britell China’s involvement – and influence – in the Caribbean region has grown rapidly over the last several years – from the construction of new national sports stadiums to large-scale infrastructure projects. […]

Trinidad’s Dookeran Presents Budget

Above: Finance Minister Winston Dookeran (Photo: TGISL) By the Caribbean Journal staff Trinidad Finance Minister Winston Dookeran presented a $7.4 billion ($47 Billion in TTD) budget for 2011/2012 in an announcement at the House of Representatives, which is currently meeting […]

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 […]

Interview with Dr Keith Nurse: What Climate Change Means for Caribbean Tourism

By Alexander Britell The Caribbean is continually looking for ways to emerge from the downturn. And with an economy largely dependent on tourism, a changing world economy – and a changing world climate — pose new problems for the region. […]

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 […]

Jamaica to Expand Tech Sector

Jamaica’s government announced a plan to expand the country’s information and communications technology sector, along with its business process outsourcing industry, according to Industry, Investment and Commerce Minister Dr Christopher Tufton. “It is our position, as a government, that the […]

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 […]

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