central bank

Barbados Central Bank Challenges Standard and Poor’s Downgrade

St Lucia PM Assumes Chairmanship of Eastern Caribbean Central Bank

Above: St Lucia By the Caribbean Journal staff St Lucia Prime Minister Dr Kenny Anthony has officially assumed the rotating chairmanship of the Monetary Council of the Eastern Caribbean Central Bank. Anthony assumed the post in a ceremony Wednesday at …

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 …

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 …

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 …

Trinidad Central Bank “Cautiously Optimistic” on 2.5 Percent Growth in 2013

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 …

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, …

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 …

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 …

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 …

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 …