Search Result for: minister of finance

417 results found.

Las Vegas in Jamaica?

Above: Jamaica (CJ Photo) By the Caribbean Journal staff Jamaica is reviewing bids for three proposed Las Vegas-style casinos, according to Minister without Portfolio in the Ministry of Finance and Planning Horace Dalley. The Minister, who was speaking at the […]

Dominican Republic’s Danilo Medina Makes Visit to El Salvador

Above: Dominican Republic President Danilo Medina departing from San Isidro Air Base (left) (DICOM) By the Caribbean Journal staff Dominican Republic President Danilo Medina departed from San Isidro Air Base on Saturday for El Salvador, where he will be on […]

Bahamas Planning to Introduce 7.5 Percent Value Added Tax in 2015

Above: Bahamas Prime Minister Perry Christie By the Caribbean Journal staff The Bahamas is planning to introduce a new 7.5 percent value added tax, the government announced this week. The tax will be a single VAT rate across the board, […]

Haiti: World Bank Approves $58 Million Grant For Agriculture

Above: the World Bank’s headquarters in Washington By the Caribbean Journal staff The World Bank has approved a $58 million grant targeting improved access to local markets and services for agriculture in Haiti. The grant from the International Development Association […]

Dominican Republic Looking to Create “Culture of Entrepreneurship”

Above: the National Palace in Santo Domingo, Dominican Republic (Photo: DICOM) By the Caribbean Journal staff The Dominican Republic’s government is looking to foster a “culture of entrepreneurship and job creation,” according to President Danilo Medina. On Monday, the country […]

St Lucia Planning Redevelopment of International Airport

Above: St Lucia By the Caribbean Journal staff St Lucia is planning a redevelopment of its Hewanorra International Airport, according to St Lucia Prime Minister Dr Kenny Anthony. The government has already tapped the International Finance Corporation as the lead […]

BP Chairman Visits Trinidad

Above: the meeting at the Trinidad Hilton By the Caribbean Journal staff BP plc Chairman Carl Henric Svanberg visited Trinidad and Tobago earlier this week, according to the country’s government. On Wednesday, Svanberg, who is also the chairman of Volvo, […]

In Shift, Jamaica Shelves Plan to Tax Bank Withdrawals

Above: Kingston (CJ Photo) By the Caribbean Journal staff After a plan to levy a tax on withdrawals from banks led to major controversy at home and abroad, Jamaica’s government has to decided to shelve the plan. Finance Minister Dr […]

Jamaica to Tax Bank Withdrawals

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s government is planning a new measure that would impose a levy on withdrawals from banks. Part of a revenue-raising scheme for a government that continues to be in a serious […]

Ilio Durandis: Haitian Politics and the Art of Denial

By Ilio Durandis CJ Contributor FOR THE third time in less than two years, Prime Minister Lamothe has found it necessary to shake things up within his government. Unlike previous occasions, the decision to replace some ministers and nominate new […]

Haiti Reshuffles Cabinet

Above: Haiti Prime Minister Laurent Lamothe By the Caribbean Journal staff Haiti Prime Minister Laurent Lamothe has announce a major Cabinet reshuffle. The reshuffle comes under a condition of the recently-signed El Rancho Agreement, an accord between Haiti’s branches of […]

Jamaica’s Path to Prosperity

By Dennis Chung CJ Contributor Jamaica’s January fiscal numbers reveal a concern that many of us expressed at the start of the International Monetary Fund agreement: that achieving the primary surplus target is going to be very challenging. The numbers […]

Cayman Premier Gets Expanded Foreign Affairs Responsibilities

Above: Cayman Premier Alden McLaughlin By the Caribbean Journal staff Cayman Islands Premier Alden McLaughlin has been given responsibility for a number of external affairs matters by Governor Helen Kilpatrick, according to a government release. The delegation of foreign affairs […]

British Virgin Islands, US Close to Signing FATCA Agreement

Above: the British Virgin Islands By the Caribbean Journal staff The British Virgin Islands and the United States are close to signing an agreement on implementing the US’ Foreign Account Tax Compliance Act financial law (FATCA). Last week, the two […]

St Lucia to Rename Bridge For ALBA

Above: St Lucia By the Caribbean Journal staff St Lucia will be renaming the Grand Riviere Bridge after the Venezuela-led ALBA alliance, the government announced Friday. The announcement was made at the sod-turning ceremony to begin construction work on the […]

CARICOM Readies For Heads of Government Meeting in St Vincent

Above: St Vincent (CJ Photo) By the Caribbean Journal staff The Caribbean Community will begin the 25th Intersessional Meeting of its Conference of Heads of Government in St Vincent and the Grenadines next week. The conference, which will be hosted […]

Jamaica Meets Latest IMF Targets

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica met all of its quantitative performance targets and indicative targets for the end of December, according to the International Monetary Fund. The IMF, which recently concluded a nine-day mission to […]

Op-Ed: Mark Simmonds on Public-Private Partnerships in the Caribbean

By Mark Simmonds, MP Op-Ed Contributor AS OUR governments strive to create the conditions for sustainable economic growth, identifying avenues for continued investment in public infrastructure is as crucial as it is challenging, given fiscal constraints across much of Europe […]

CARICOM SG: “Change Is Underway”

Above: CARICOM Secretary General Ambassador Irwin LaRocque By the Caribbean Journal staff The CARICOM Secretariat has begun the process of restructuring, according to Secretary General Ambassador Irwin LaRocque. The reforms have already been instituted in corporate areas, human resource management, […]

Antigua Changes Income Tax Rates

Above: Antigua (CJ Photo) By the Caribbean Journal staff Antigua has modified its income tax structure, with a series of reductions, according to Finance Minister Harold Lovell. The biggest change will see the personal allowance for computing income tax increase […]

Guyana Marriott Project Planning Summer 2014 Opening

Above: the Marriott Hotel project in Georgetown By the Caribbean Journal staff The Marriott hotel project in Guyana is on track for an expected August 2014 opening, according to the government. The project, which will include 197 rooms, a ballroom, […]

The Caribbean’s 25 Most Interesting People For 2013

Who were the newsmakers in 2013? Who were the people making a difference in the Caribbean in 2013? We’ve put together our list of the Caribbean’s 25 most interesting people this year. And whether you like what they’re doing or […]

Bermuda, US Sign FATCA Agreement

Above: Bermuda By the Caribbean Journal staff The governments of Bermuda and the United States have signed an agreement on the US’ Foreign Account Compliance Act Regulations. The deal, which is a model two intergovernmental agreement, was signed by US […]

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 […]

Why the Caribbean Needs to Go Green

Above: a wind farm in Nevis (CJ Photo) By Michael W Edghill CJ Contributor NO, THE FOCUS of the following is not going to be on the impending doom of global climate change and the peril that island nations will […]

Barbados Plans Job Cuts For 3,000 Public Sector Workers

Above: Barbados (CJ Photo) By the Caribbean Journal staff Barbados’ fiscal consolidation efforts could soon mean the loss of 3,000 public sector jobs, Finance Minister Chris Sinckler announced this week. The proposed cuts, part of a wider fiscal consolidation programme, […]

World Bank Approves $130 Million Loan For Jamaica

Above: the World Bank By the Caribbean Journal staff The World Bank Board of Directors has approved a $130 million development policy loan for Jamaica. The loan aims to promote “economic stability, debt sustainability and improve competitiveness in Jamaica,” according […]

Jamaican House Passes Anti-Ponzi Scheme Legislation

Above: Jamaica’s Parliament By the Caribbean Journal staff Jamaica’s House of Representatives passed new legislation this week aimed at combating the creation of Ponzi or pyramid schemes. The Securities (Amendment) Act will enhance regulation of the securities industry by Jamaica’s […]

New Flights Will Connect Palm Beach With Eleuthera and Abaco in The Bahamas