economy

News

IMF: St Kitts and Nevis Economy to Recover in 2013 After Contraction in 2012

Above: Basseterre (CJ Photo) By the Caribbean Journal staff While St Kitts and Nevis’ economy contracted by 1.3 percent in 2012, the country is projected to see a recovery in 2013 with 2 percent growth, according to the International Monetary […]

News

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 […]

News

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 […]

News

IMF: Trinidad and Tobago's Economy to Grow 1.5 Percent in 2013

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago’s economy is projected to grow by around 1.5 percent in 2013, according to the International Monetary Fund, which concluded an Article IV mission to the country this week. […]


Haiti's Martelly Travels to Suriname For Meeting With Bouterse

Above: the Amazon River in Suriname By the Caribbean Journal staff Haiti President Michel Martelly continued his South American tour with a visit to Suriname on Friday. Martelly met with Suriname President Desi Bouterse in Paramaribo, discussing agriculture, the free […]


IMF: St Lucia to See Pick-Up in Agriculture, Tourism in 2013

Above: St Lucia By the Caribbean Journal staff Following a period of “anemic” activity since the beginning of the downturn, economic activity in St Lucia is poised to “regain some momentum in 2013,” according to the International Monetary Fund, which […]

Op-Ed: Is Cuba Really Changing?

By Andy Gomez Op-Ed Contributor We recently witnessed what we had not heard one of the Castro brothers say in almost 54 years: Come 2018, neither one of them will be in power. Raúl Castro announced to the Cuban National […]


Grenada Plans to Restructure Debt

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s government will undertake a “comprehensive and collaborative restructuring of its public debt, it announced this weekend. The government said “circumstances have forced” the move, which will include its US and […]


Standard & Poor's Raises Jamaica Credit Rating After Debt Exchange

Above: Kingston (CJ Photo) By the Caribbean Journal staff Following a similar move by Fitch last week, Standard & Poor’s has raised Jamaica’s foreign and local currency sovereign credit ratings to “CCC+” and out of default. The move came after […]

Markets

IMF: Antigua and Barbuda Economic Recovery to Continue in 2013

Above: Antigua (CJ Photo) By the Caribbean Journal staff Antigua and Barbuda’s real GDP grew by 1.6 percent in 2012, buoyed by a recovery in tourism and construction, and the country’s recovery will continue in 2013, according to the International […]


Puerto Rico's Padilla Looking at Energy, Tourism in Economic Push

Above: San Juan (CJ Photo) By the Caribbean Journal staff Puerto Rico Governor Alejandro Garcia Padilla is looking at reforming the country’s energy policy and harnessing the potential of tourism as part of his economic push. Puerto Rico recently passed […]


Dennis Chung: Jamaica's Survival Under the International Monetary Fund

By Dennis Chung CJ Contributor AT THE END of December 2012, when it became clear no International Monetary Fund (IMF) deal was coming, I wrote an article titled “Jamaica without the IMF,” as I felt that it was important to […]


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