Search Result for: disbursement rate

24 results found.

St Vincent and the Grenadines to Receive $6.4M IMF Disbursement

Above: St Vincent (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $6.4 million disbursement to St Vincent and the Grenadines, the organization announced Friday. The funding will be drawn from a Rapid […]

IMF Approves $10.16 Million Disbursement for Antigua and Barbuda

Above: St John’s (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $10.162 million disbursement to Antigua and Barbuda, following the completion of its eight and ninth reviews of the country’s economic performance […]

St Kitts and Nevis to Receive $4.76 Million Disbursement from IMF

Above: Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis will be receiving a $4.76 million disbursement from the International Monetary Fund following approval by the fund’s Executive Board. The Stand-by arrangement was originally approved […]

Haiti to Receive $7.4M Disbursement from International Monetary Fund

Above: Labadie (Photo: MT Haiti) By the Caribbean Journal staff The Executive Board of the International Monetary Fund has completed the fourth review of Haiti’s performance under its Extended Credit Facility arrangement. The decision, which was taken on a “lapse […]

UN: Public Sector Donors in Haiti Have Disbursed $2.79 Billion Since 2010

Above: Bill Clinton visiting Haiti in 2010 (UN Photo/Logan Abassi) By the Caribbean Journal staff A total of $2.79 billion in public sector pledges has been disbursed in Haiti since 2010, according to an analysis from the United Nations Office […]

How Barbuda Is Going Green

After the devastation caused by Hurricane Irma in 2017, the beach-filled paradise of Barbuda is about to go green in a major way. The United Arab Emirates is joining with the CARICOM Development Fund and other partners to build a […]

Why the Caribbean’s Global Relationships Matter

By Dana Niland CJ Contributor As CARICOM Foreign Ministers gathered in St. Vincent and the Grenadines for the 19th Meeting of the Council for Foreign and Community Relations, Secretary-General Irwin LaRocque underscored the importance of CARICOM maintaining its existing relationships, […]

Grenada Getting $15 Million Loan For Growth, Climate Resilience

By Dana Niland CJ Contributor The World Bank Board of Directors has approved a $15 million Development Policy Credit and Loan (DPC/DPL) with Grenada. This financing aims to foster sustainable conditions for private investment, improve public resource management, strengthen the […]

UN: “Haiti Cannot Wait Two Generations” to Eliminate Cholera

Above: combating cholera in Haiti by providing clean water (UN Photo/Logan Abassi) By the Caribbean Journal staff Support for initiatives to combat cholera in Haiti have been “disappointing,” according to Pedro Medrano Rojas, the senior United Nations Coordinator for the […]

Caribbean Connectivity: St Lucia Launching Internet Exchange Point

Above: St Lucia By the Caribbean Journal staff St Lucia is planning to become the latest Caribbean country to establish an Internet exchange point (IXP). The launch of the Saint Lucia IXP, called SLiX, is being timed as part of […]

S&P Raises Jamaica Credit Rating

Above: Kingston By the Caribbean Journal staff Standard & Poor’s has raised its long-term foreign and local currency sovereign credit ratings on Jamaica, citing “progress in stabilizing the economy” and the country’s agreement with the International Monetary Fund. The rating, […]

Haiti Holds First Meeting of New Committee on Foreign Aid

Above: Haiti Prime Minister Laurent Lamothe and President Michel Martelly (Photo: OP Haiti) By the Caribbean Journal staff Haiti and its international donors held the first-ever meeting of the new Committee on Coordination of External Aid for the Development of […]

IMF: Haiti’s Business Environment “Needs to Be Strengthened”

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti has a business environment “needs to be strengthened,” the International Monetary Fund said following approval this week of a $7.4 million disbursement by its Executive Board. The move comes after […]

Haiti: United States Has Disbursed $2.5 Billion Since 2010 Earthquake

Above: the Caracol Industrial Park (Photo: OP Haiti) By the Caribbean Journal staff The United States has disbursed more than $2.5 billion in Haiti since the earthquake in January 2010, according to a State Department release issued Wednesday. That number […]

S&P Lowers Credit Rating on Caribbean Development Bank; Outlook Negative

Above: Barbados, home to the CDB, is current on its obligations to the bank (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered the long-term foreign currency credit rating on the Caribbean Development Bank to “AA” from […]

IMF: St Kitts and Nevis Makes “Significant Progress” on Debt Restructuring

Above: Nevis (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis has made “significant progress” on restructuring the country’s public debt, according to the International Monetary Fund, which recently completed its fourth review of the country’s economic performance […]

Haiti Prime Minister Laurent Lamothe Meets With Country’s Donors

Above: Haiti Prime Minister Laurent Lamothe By the Caribbean Journal staff Haitian Prime Minister Laurent Lamothe held the first meeting of exchanges between the new Haitian government and the so-called “Group of 12” donors to Haiti on Tuesday. Lamothe, joined […]

Op-Ed: Haiti’s Fight for Transparency

By Jake Johnston Op-Ed Contributor In the aftermath of the earthquake in Haiti, donors pledged billions of dollars for reconstruction efforts. With those dollars was a commitment to “build back better”; this time was supposed to be different from previous […]

Haiti Economy Continues Recovery, but Political Deterioriation a Risk: IMF

Above: Miragoane, Haiti (UN Photo/Victoria Hazou) By the Caribbean Journal staff Haiti’s economy has as a favourable outlook, and continues to recover, though economic and political risks remain, according to the International Monetary Fund. The International Monetary Fund’s Executive Board […]

Start-Ups And Small Businesses “Important Pillars” of Jamaica’s Economy

Above: State Minister Sharon Ffolkes-Abrahams (right) with Access Financial Services Limited’s Chief Executive Officer, Marcus James (JIS Photo) By the Caribbean Journal staff Jamaica’s government will continue to provide support to assist entrepreneurs in getting off the ground and commercialising […]

Haiti’s Martelly Attends Inter-American Red Cross Conference in Montrouis

Above: Haiti President Michel Martelly at the conference (Photo: OP) By the Caribbean Journal staff Haitian President Michel Martelly attended the 19th Inter-American Conference of the Red Cross in Montrouis Wednesday. The theme of this year’s conference, which is held […]

Congressman Alcee Hastings Talks Haiti

Above: US Congressman Alcee Hastings (D-FL) By Alexander Britell IN DECEMBER, UNITED STATES CONGRESSMAN Alcee Hastings, the Representative for Florida’s 23rd Congressional District, re-introduced legislation calling for President Barack Obama to convene a White House Conference on Haiti in the […]

China, Antigua Address Questions over New Power Plant

Above: A joint press conference with Chinese and Antigua officials (Photo: ABG) By the Caribbean Journal staff The governments of Antigua and China held a joint press conference today to address alleged issues surrounding the new 30-megawatt power plant handed […]

The Search for Aid Money in Haiti

By Ilio Durandis CJ Contributor Money is not real. It is only used as a reference to the worth of goods or services in society. Its worth is printed on the currency that we carry in our pocket or wallet. […]

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