gdp

Dominican Republic Economy Grew By 4.5 Percent in 2011: Report

 Above: Independence Square, Puerto Plata (Photo: DR Tourism) By the Caribbean Journal staff The Dominican Republic’s economy grew by 4.5 percent in 2011, according to a report from President Leonel Fernandez. The President said 160,000 jobs were created last year, …

Barbados: “We Will Not Roll Over and Play Dead” in Economic Recession

 Above: Finance Minister Chris Sinckler By the Caribbean Journal staff Barbados will not “roll over and play dead” during the current economic recession, according to Finance Minister Chris Sinckler. “That’s not the stance this government has, or will ever take, …

Grenada Seeks End to Industrial Impasse

 By the Caribbean Journal staff While it appeared that the industrial strike at Grenada Breweries Limited had ended at the end of December, the impasse continues, and Grenada’s government is seeking to bring it to an end. If the impasse …

LATEST NEWS

 By the Caribbean Journal staff The Caribbean’s economy is projected to grow 1.7 percent in 2012, following an estimated 0.7 percent growth in 2011, according to data from the United Nations Economic Commission for Latin America and the Caribbean. That …

 By the Caribbean Journal staff Saint Lucian total GDP is projected to grow 3.5 percent in 2012, following an estimated 2.6 percent growth in 2011, according to a report from the United Nations’ Economic Commission for Latin America and the …

 By the Caribbean Journal staff Total GDP in Dominica is projected to grow by 1.5 percent in 2012, up from an estimated 0.9 percent in 2011, according to a report from the United Nations’ Economic Commission for Latin America and …

 Above: workers in Haiti (Photo: Clinton Bush Haiti Fund) By the Caribbean Journal staff Haitian GDP grew by 5 percent in 2011, according to the International Monetary Fund, which recently held discussions for extended credit facility reviews in Port-au-Prince. “Economic …

 Above: Dr Gladstone Hutchinson (JIS Photo) By the Caribbean Journal staff The mining and quarrying sector led all sectors in the Jamaican economy in the third quarter, with an increase of 7.5 percent, according to the Planning Institute of Jamaica. …

 By the Caribbean Journal staff Standard & Poor’s today lowered the Bahamas’ sovereign credit rating from BBB+/A-2 to BBB/A-3, calling the country’s outlook “stable.” The ratings agency cited economic vulnerabilities given a dependence on tourism and on the US market, …

 Above: Premier McKeeva Bush (Photo: GIS) By the Caribbean Journal staff After a contraction of 4.1 percent a year ago in the Caymanian economy, Cayman recorded positive growth in the first six months of 2011, according to a report from …