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This Caribbean Beach Has Soft Sand, Vibrant Water, and a Barefoot Rhythm

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There is a version of the Caribbean that lives more in novels than in real life. It is barefoot and unhurried, defined by quiet mornings and long afternoons where nothing interrupts the rhythm of the sea. It exists without crowds or schedules, without spectacle. You come upon it by chance, often on foot, and it […]

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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 a series of loans aimed at supporting the financial sector reform agenda of Suriname’s government. […]

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Jamaica's Economy Contracted in First Quarter of 2013: Report

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s economy contracted by between 0.2 and 1.2 percent in the first quarter of 2013, according to estimates from the Bank of Jamaica. For the 2012/2013 fiscal year, the economy is estimated to have contracted in the range of between 1 percent and 0 percent, according […]

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Central Bank: Trinidad Economy Grew Just 0.2 Percent in 2012

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago saw GDP growth of just 0.2 percent in 2012, lower than its expected rate of 1 percent, according to Central Bank Governor Jwala Rambarran. The shortfall was due in part to a weaker than expected fiscal stimulus, the prolonged Trinidad Cement […]


Jamaica's Economy Contracted in First Quarter of 2013: Report

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago Central Bank Governor Jwala Rambarran is “cautiously optimistic” about a 2.5 percent growth rate for the country’s economy in 2013, he said Tuesday. At the same time, Rambarran said Trinidad’s economy was fragile, with weak growth prospects. “Weak growth domestic-wise and in the […]

Haiti's Central Bank "Well-Capitalized"

Above: Plage de Morisseau in Haiti (Photo: MT Haiti) By the Caribbean Journal staff Haiti’s Bank of the Republic of Haiti central bank is “well-capitalized,” the organization said in a release Thursday. The bank reported a positive balance of approximately $113.5 million USD (2.7 billion gourdes), according to Charles Castel, the bank’s governor. Overall, Haiti’s […]

Haiti's Central Bank, IFC Partner to Expand Leasing Infrastructure

Above: a waterfront rehabilitation project in in Port-au-Prince (UN Photo/Logan Abassi) By the Caribbean Journal staff Haiti’s Banque de la Republique d’Haiti central bank and the International Finance Corporation have signed a memorandum aimed at expanding leasing options for micro, small and medium-sized enterprises and create new jobs in the country. About half of leasing […]

Op-Ed: The Value of Jamaica’s Dollar

By Ramesh Sujanani Op-Ed Contributor It is now being touted that, with Jamaica’s expenditure exceeding its income, constant depreciation of the Jamaican Dollar is imminent. It has been said that this is no different to what has occurred in the past four years. It is true that devaluation of the Jamaican Dollar (JMD) has been […]

Haiti Central Bank Officials Meet With Dominican Republic Delegation

Above: officials at the meeting (Photo: CIG) By the Caribbean Journal staff A delegation from the Reserve Bank of the Dominican Republic (BanReservas), has concluded a meeting with officials at Haiti’s Central Bank. The BanReservas officials met with a contingent of monetary officials including Michele Delerme and Haiti Central Bank Governor Charles Castel, among others. […]

Fonkoze COO Joins Haiti Central Bank

By the Caribbean Journal staff Georgette Jean-Louis, the Chief Operating Officer of Fonkoze, a Haitian microfinance institution, has been named to the board of the country’s central bank, the Bank of the Republic of Haiti. Jean-Louis, who has worked in the Haitian banking industry for more than 20 years, joined Fonkoze Financial Services in 2009, […]