Search Result for: economic outlook

98 results found.

Christine Lagarde: Jamaica’s Economic Outlook “Is Improving”

Above: IMF Managing Director Christine Lagarde By the Caribbean Journal staff The economic outlook for Jamaica “is improving,” International Monetary Fund managing director Christine Lagarde said following her official visit to the country. Lagarde, who made her first official visit […]

Jamaica’s Economic Outlook “Improving”

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s economic outlook is “improving,” according to the International Monetary Fund, which recently completed a staff mission to the Caribbean country. The visit from May 5 to May 16 by an […]

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 […]

The Caribbean Development Bank’s Growth Outlook for 2017

What’s next for the Caribbean economy? According to the Caribbean Development Bank, the region is projected to see economic growth of around 1.7 percent this year. The CDB’s Director of Economics, Dr. Justin Ram, warns that this won’t be enough […]

Jamaica’s Growth Outlook Is Improving

Positive signs for Jamaican economy By the Caribbean Journal staff Jamaica’s economy is showing some positive signs, according to the International Monetary Fund, which recently concluded a mission to the country. “A gradual economic recovery is underway.” said IMF Mission […]

Is a Major Economic Boom Coming to Eleuthera?

Above: Bahamas Prime Minister Perry Christie at the recent Eleuthera Business Outlook By the Caribbean Journal staff The Bahamian island of Eleuthera is on track for a “major economic boom,” according to Bahamas Prime Minister Perry Christie. Christie said the […]

S&P Raises Jamaica Outlook

Above: Jamaica (CJ Photo) By the Caribbean Journal staff Ratings firm Standard & Poor’s has raised its outlook on Jamaica’s long-term sovereign credit ratings, it announced last week. The firm revised its outlook to positive from stable and affirmed its […]

IMF: Grenada Economic Recovery “Slowly Taking Hold”

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada has made a strong start in implementing its new IMF programme, the fund said following the completion of its first review of its programme with the country. The programme was […]

Moody’s Downgrades Barbados Rating, Outlook Remains Negative

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff New York-based ratings firm Moody’s Investors Service has downgraded Barbados’ government bond rating to B3 from Ba3. The three-notch downgrade reflected several factors, Moody’s said, including the increasing size of the […]

S&P Affirms Bermuda Rating; Outlook Remains Negative

Above: Bermuda By the Caribbean Journal staff New York-based Standard & Poor’s has affirmed its AA-/A-1+ rating on Bermuda, the ratings firm announced this week. The British Overseas Territory’s outlook remains negative, however, it said. “The ratings on Bermuda are […]

Moody’s Downgrades Barbados Rating; Outlook Remains “Negative”

Above: Barbados (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service has downgraded the government bond rating of Barbados to Ba3 from Ba1, the New York-based firm announced. The two-notch downgrade reflected several key drivers, including the country’s “continued […]

S&P Affirms Rating on Puerto Rico; Outlook Remains Negative

Above: San Juan (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has affirmed its “BBB-” rating on the Commonwealth of Puerto Rico’s general obligation and appropriation debt, the New York-based ratings firm announced on Wednesday. The rating reflected […]

IMF: Economic Growth Slows in the Dominican Republic

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff Economic growth in the Dominican Republic decelerated in early 2013, according to the International Monetary Fund, which recently concluded a post-programme monitoring discussion with the country. The deceleration came […]

Standard & Poor’s Lowers Barbados Outlook to Negative

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered the outlook on its long-term rating on Barbados to negative, the New York-based ratings firm announced. S&P also announced that it had affirmed the country’s “BB+” […]

Moody’s Downgrades Bahamas Credit Rating; Outlook Remains Negative

Above: Nassau (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service has downgraded the rating of the Bahamas’ government to “Baa1” from A3, the New York-based ratings firm announced Friday. The government’s outlook remains negative. Moody’s cited three major […]

IMF: Dominica Economic Recovery Continues, But Losing Momentum

Above: Roseau (CJ Photo) By the Caribbean Journal staff Dominica’s economic recovery is continues, but it is losing momentum, according to the International Monetary Fund, which last week concluded its 2012 Article IV Consultation with the country. “Over the past […]

S&P Maintains Negative Outlook on Jamaica, Citing Debt, Low Growth

Above: Kingston By the Caribbean Journal staff Standard & Poor’s has maintained its negative outlook for Jamaica, while affirming its “B-/B” long and short-term sovereign credit ratings on the country, the ratings firm announced. “Our ratings on Jamaica reflect its […]

IMF Downgrades 2012 Growth Outlook for St Kitts and Nevis

Above: Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff The International Monetary Fund has downgraded its growth outlook for St Kitts and Nevis for 2012 from 0 to -0.7 percent, it said following the conclusion of a mission […]

S&P Affirms Montserrat Credit Rating; Outlook Remains “Stable”

By the Caribbean Journal staff Standard & Poor’s this week affirmed Montserrat’s “BBB-/A-3” sovereign issuer credit rating, while also affirming its “BBB-” transfer and convertibility assessment. Monterrat’s outlook remains “stable,” according to the ratings firm. The rating reflected “the UK’s […]

S&P Lowers Bahamas’ Outlook to Negative, Points to Weakening Fiscal Profile

Above: downtown Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has revised the outlook on its long-term rating on the Bahamas to negative from stable, the ratings firm announced Monday. The revision reflected the firm’s view that […]

S&P: Grenada’s Outlook Stable, Economy Recovering “Modestly”

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s economic outlook remains “stable,” according to ratings firm Standard & Poor’s, which affirmed its “B-” long-term foreign and local currency ratings on the country Tuesday. S&P also raised its short-term […]

Moody’s Upgrades Suriname Bond Rating, Raises Outlook to “Positive”

Above: Paramaribo (Photo: IDB) By the Caribbean Journal staff Ratings firm Moody’s has upgraded the foreign currency rating of the government of Suriname to Ba3 and raised the country’s economic outlook from stable to “positive.” The change came from several […]

Christine Lagarde: Global Economic Crisis “Does Not Recognize Borders”

Above: IMF Managing Director Christine Lagarde By the Caribbean Journal staff The international community needs a cooperative policy response to economic challenges more than ever before, according to International Monetary Fund Managing Director Christine Lagarde. The IMF chief, who was […]

St Kitts and Nevis Meets Performance Targets, But IMF Lowers Growth Outlook

Above: St Kitts (Photo: SKT) By the Caribbean Journal staff The International Monetary Fund has lowered its economic outlook for St Kitts and Nevis’ economy in 2012, with a projected growth of zero percent, although the country did meet all […]

Standard & Poor’s Downgrades Caribbean Development Bank, Outlook “Stable”

Above: the bank, which had another ratings firm downgrade its credit, is based in Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its long-term issuer credit rating on the Caribbean Development Bank from AAA to […]

IMF: St Kitts and Nevis Outlook “Favourable,” September Targets Met

By the Caribbean Journal staff The International Monetary Fund’s Executive Board has completed its first review of St Kitts and Nevis’ economic performance under a 36-month Stand-by Arrangement. The completion of the review allows the immediate disbursement of $17.6 million, […]

Regional Outlook: Preparing for the Worst, Hoping for the Best

By Hasan Tuluy Op-Ed Contributor Latin America and the Caribbean began 2011 on an economic high. After swiftly bouncing back from the 2008/2009 global crisis, the region grew at a record level in 2010 with some countries reaching East Asian […]

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 […]

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