Search Result for: improvements

225 results found.

IMF: Antigua and Barbuda’s Economy Expected to Recover “Gradually”

Above: downtown St John’s (CJ Photo) By the Caribbean Journal staff Antigua and Barbuda’s economy is expected to recover “gradually” this year, according to the International Monetary Fund, which recently completed its seventh review of the country’s economic performance under […]

Dominica Making Road Upgrades

Above: Dominica (CJ Photo) By the Caribbean Journal staff Dominica is working to make improvements to the country’s road network, following the residual effects of Tropical Storm Ophelia in 2011. “We have started doing some of the river defence works […]

Jamaican Senator Proposes Tax on Remittances to Fund Education

Above: Kingston By the Caribbean Journal staff Jamaican Senator Floyd Morris is proposing a nearly 5 percent tax on all remittances entering the island as an additional funding source for education. “This is likely to yield $100 million or J$9 […]

Valero to Convert Aruba Oil Refinery into Refined Products Terminal

Above: Valero’s Aruba refinery By the Caribbean Journal staff Valero has notified employees at its Aruba refinery that it will be reducing operations and reorganizing the site into a refined products terminal, the company’s Aruba subsidiary announced Monday. The refinery […]

Turks and Caicos Islands Economy Grew 4.1 Percent in 2011: Report

By the Caribbean Journal staff The Gross Domestic Product of the Turks and Caicos Islands grew by 4.1 percent in 2011, according to a report from interim Chief Economist Stephen Pollard. The total figure for GDP in constant market prices […]

Governor: Turks and Caicos Has “Real Potential” for Economic Growth

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff The Turks and Caicos Islands has “real potential for economic growth,” according to Governor Ric Todd, who launched the territory’s new Green Paper on economic development Monday. […]

Op-Ed: Sustainable Green Growth in Latin America and the Caribbean

By Hasan Tuluy Op-Ed Contributor Economic and social development has emerged as the twin pillars of Latin America and the Caribbean’s strategy to create a more equitable, modern society. After decades of struggling to find the right balance between growth […]

IMF: Risks to Jamaica’s Economic Outlook “Tilted to the Downside”

Above: Montego Bay By the Caribbean Journal staff The outlook for Jamaica’s economy is one of low growth, along with weaker debt and fiscal positions, in the absence of strong fiscal and structural reforms, according to a report from the […]

Puerto Rico Governor Fortuño Launches Water Project in Las Marias

Above: the countryside in Las Marias, PR By the Caribbean Journal staff Puerto Rico Governor Luis Fortuño announced today the investment of $51.5 million in a plan to improve the quality of drinking water in Las Marias. The second phase […]

Turks and Caicos Projects Revenue Increase, But “Further Work” Remains

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff Turks and Caicos’ draft budget projects a 20 percent increase in revenues for the financial year 2012/2013. The new draft budget, which goes to Turks and Caicos’ […]

Barbados Approves Climate Change Policy

Above: Barbados (Photo: BT) By the Caribbean Journal staff Barbados’ cabinet has approved the country’s new National Climate Change Policy as it puts a greater focus on environmental issues. The primary goal of the policy is to set up a […]

St Lucia Mulls Tax Reform

Above: St Lucia Governor General Dame Pearlette Louisy (Photo: GIS) By the Caribbean Journal staff St Lucia’s government is committed to ensuring greater tax equitability, and a better forecast of incoming government revenue, according to Governor General Dame Pearlette Louisy. […]

On the Ground: Journalism Ethics in Haiti

By Kathie Klarreich A few months into my Knight International Journalism Fellowship in Haiti, I was conducting a training session in a radio newsroom in the capital when a reporter danced through the open door. He proudly announced that he’d […]

UN Haiti Chief: Police Reform Crucial to Ensuring Peace and Stability

Above: MINUSTAH Chief Mariano Fernandez (UN Photo/Rick Bajornas) By the Caribbean Journal staff Haiti must reform its police force in order to ensure peace and stability, despite improvements in Haiti’s security in recent years, according to MINUSTAH Chief Mariano Fernandez. […]

Op-Ed: Why the Economy Is the Biggest Issue in Belize’s Elections

By Kay Menzies Op-Ed Contributor The voters of Belize will go to the polls next week to decide which party will form the next Government of Belize. Without a doubt, most voters will make their decisions based on, among other […]

Turks and Caicos Proposes Changes to Civil Service Pension System

Above: TCI Governor Damian Roderic Todd on a visit to North and Middle Caicos this week (Photo: TCIG) By the Caribbean Journal staff Turks and Caicos Governor Damian Roderic Todd and the Advisory Council have agreed to a series of […]

Caribbean Hotel Industry Has Best Year Since 2008: Report

Above: the Viceroy Anguilla By the Caribbean Journal staff The Caribbean’s hotel industry reported improvements in three key metrics in 2011, according to data from STR. Hotel occupancy in the region rose by 2.6 percent to 61.8 percent, the average […]

Joint IMF-EU Mission in Antigua

By the Caribbean Journal staff A joint delegation from the European Union and the International Monetary Fund is in Antigua examining its public sector financial management needs. In December, the EU approved a grant of just under $4 million which […]

St Lucia Ranks Highest in Caribbean for Economic Freedom: Report

By the Caribbean Journal staff St Lucia has the most economic freedom of any country in the Caribbean, according to a report released by the US-based Heritage Foundation in partnership with The Wall Street Journal. The 2012 Index of Economic […]

Forensic Audit to Begin on Jamaica Development Infrastructure Programme

Above: Works Minister Dr Omar Davies at a press briefing yesterday (JIS Photo) By the Caribbean Journal staff The Jamaican government will soon begin a forensic audit of the Jamaica Development Infrastructure Programme, a project whose alleged mismanagement led to […]

Caribbean GDP to Grow 1.7 Percent in 2012: UN Report

By the Caribbean Journal staff The Caribbean’s economy is projected to grow 1.7 percent in 2012, following an estimated 0.7 percent growth in 2011, according to data from the United Nations Economic Commission for Latin America and the Caribbean. That […]

Standard & Poor’s Lowers Barbados Outlook, Warns of Rising Downgrade Risk

Above: Parliament in Barbados By Alexander Britell Ratings firm Standard & Poor’s affirmed its BBB-/A-3 local and foreign currency sovereign credit ratings on Barbados this week, but lowered its outlook from stable to negative. “We base our ratings on Barbados […]

Guyana, IDB Sign Loan Agreement

Above: President Bharrat Jagdeo and IDB President Luis Alberto Moreno By the Caribbean Journal staff Guyanese President Bharrat Jagdeo and Finance Minister Ashni Singh met yesterday with the President of the Innter-American Development Bank, Luis Alberto Moreno, at the bank’s […]

Guyana Spends $92M on Health, Energy

Above: Parliament in Guyana (Photo: Guyana) Guyana has spent $92 million on improvements to its healthcare and electricity sectors in the first half of 2011, Finance Minister Ashni Singh announced yesterday. The government is working on improving the health infrastructure […]

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 […]

UN: Politics, Aid Challenges Hurt Haiti

Above: debris-clearing in Haiti (UN Photo) By the Caribbean Journal staff While Haiti has seen improvements, aid coordination in the country remains a challenge, and the inability of Haiti’s political leaders to form a government has presented a challenge, according […]

Op-Ed: OBMI’s Tim Peck on How to Improve the Caribbean Hotel Market

By Tim Peck Despite challenges the Caribbean has faced in the past few years, the future for the industry shows great potential. The prudent hotel owner should now be focusing on repositioning their property to preserve their asset and prepare […]

Jamaica to Enter Medical Tourism Market

Reginald Budhan, permanent secretary of the Ministry of Industry, Investment and Commerce Jamaica intends to enter the multibillion-dollar medical tourism market, although at this time it lacks the required facilities to do so. One investor, however, the Hospiten Group, is […]

A New Way to Fly to Abaco in The Bahamas