gdp

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 …

Simpson Miller: Jamaica to Restart “Inner City Renewal” Initiative

 Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s government will be restarting a programme from the former Jamaica Labour Party administration aimed at upgrading downtown Kingston. The project will restart in the 2014/2015 fiscal year, featuring a housing …

IMF: Haiti GDP Projected to Grow By 6.5 Percent in 2013

 Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti’s economy is projected to grow by 6.5 percent in 2013, according to the International Monetary Fund’s latest World Economic Outlook. That number is in line with a projection made by …

LATEST NEWS

 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. …

 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 …

 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 …

 Above: St Lucia By the Caribbean Journal staff Economic activity in the Eastern Caribbean Currency Union fell in 2012 for the fourth consecutive year, according to Sir K Dwight Venner, President of the Eastern Caribbean Central Bank. Real GDP in …

 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 …

 Above: flooding in Haiti lowered the country’s GDP estimate for 2012, but it is projected to grow 6 percent in 2013 (UN Photo/Logan Abassi)   By the Caribbean Journal staff Haiti is projected to lead the Caribbean in GDP growth …

 Above: flooding like that during Hurricane Sandy impacted Haiti’s GDP growth this year (UN Photo/Logan Abassi) By the Caribbean Journal staff Real GDP growth in Haiti has slowed to 2.5 percent in 2012, down from an earlier projection that the …

 Above: Haiti Prime Minister Laurent Lamothe (UN Photo/ J Carrier)   By Alexander Britell Haiti is trying to move the process of reconstruction into a higher gear. While the country’s GDP has been growing at a strong pace, natural disasters …

 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 …

 By the Caribbean Journal staff Haiti, Suriname and the Dominican Republic will post the Caribbean’s highest GDP growth rates i 2012, according to quarterly projections released Monday in the International Monetary Fund’s World Economic Outlook. Haiti is projected to grow …

 By the Caribbean Journal staff The Dominican Republic’s economy has slowed down this year, according to the International Monetary Fund, which recently concluded a staff visit to the country. The meeting, which took place from Sept. 10 to Sept. 18, …

 By the Caribbean Journal staff Guyana’s economy grew 2.8 percent in the first six months of 2012, according to a report from Finance Minister Dr Ashni Singh. “This growth reflects continued progress on the diversification of the productive sector, where …

 Above: Planning Institute of Jamaica Director General Dr Gladstone Hutchinson (FP) By the Caribbean Journal staff Jamaica’s economy grew by 0.1 percent in the second quarter, according to data released by the Planning Institute of Jamaica. PIOJ Director General Dr …

 By the Caribbean Journal staff The Gross Domestic Product of the Turks and Caicos Islands grew by 4.1 percent in 2011, according to a report from interim Chief Economist Stephen Pollard. The total figure for GDP in constant market prices …

 Above: a newly-inaugurated staircase in Petionville (Photo: OP) By the Caribbean Journal staff Haiti’s economy led the Caribbean in 2011 and will do so again in 2012, according to new data from the United Nations Economic Commission for Latin America …