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Tourism Driving Stronger GDP Growth in Grenada

 IMF says GDP growth quickening By the Caribbean Journal staff Grenada’s economy is on the rise. The country’s GDP growth forecast has been revised upward significantly by the IMF, following the organization’s latest visit to the country. While Grenada had …

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 …

Barbados Economy Showing Growth

 After two slow years, signs of life By Dana NilandCJ contributor The International Monetary Fund (IMF) is projecting positive GDP growth for Barbados this year as a result of increased tourism arrivals and accelerated growth in key markets. After a …

LATEST NEWS

 Above: new IMF Mission Chief in Jamaica Uma Ramakrishnan (JIS Photo) By the Caribbean Journal staff The International Monetary Fund has appointed its new mission chief for Jamaica. Dr Uma Ramakrishnan will be filling the role, succeeding Dr Jan Kees …

 Above: the talks in Basseterre By the Caribbean Journal staff St Kitts and Nevis Prime Minister Dr Timothy Harris met Tuesday with a delegation from the International Monetary Fund. According to a government statement, the purpose of the meeting was …

 By Dennis ChungCJ Contributor JAMAICA SEEMS set to pass the sixth International Monetary Fund (IMF) test, underlining the fact that we have, no doubt, been making progress in establishing the framework on which development must take place. I say this against …

 Above: Grenada (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has completed its first review of Grenada’s performance under a three-year programme supported by an Extended Credit Facility. The review’s completion means Grenada will now …

 Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s International Monetary Fund programme is “on track” and policy implementation “remains strong,” according to the IMF, which recently concluded a staff review mission to the country. “Jamaica’s economic transformation programme …

 Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff What’s the Caribbean island with the strongest economic growth? It’s Hispaniola, home to Haiti and the Dominican Republic, which are projected to lead the Caribbean in economic growth over …

 Above: the IMF’s headquarters By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved the extension of its agreement with Haiti under an Extended Credit Facility. The agreement was extended to Dec. 28, and was taken without …

 Above: Kingston (CJ Photo) By the Caribbean Journal staff A team from the International Monetary Fund was set to begin a visit to Jamaica on Wednesday to conduct the fifth review of Jamaica’s performance under the Extended Fund Facility.” The …

 Above: downtown Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis has made “substantial strides” sing its home-grown economic programme, according to the International Monetary Fund. The IMF recently concluded its ninth and final review …

 Above: Port of Spain, Trinidad (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago’s economy is “embarking on a sustainable growth path,” the International Monetary Fund said following its Article IV Consultation with the country earlier this week. The …

 Above: Christine Lagarde By the Caribbean Journal staff Christine Lagarde, the managing director of the International Monetary Fund, will be visiting Jamaica later this month. Lagarde and an IMF delegation will visit the country on June 27, the Ministry of …

 By Dennis ChungCJ Contributor Jamaica’s January fiscal numbers reveal a concern that many of us expressed at the start of the International Monetary Fund agreement: that achieving the primary surplus target is going to be very challenging. The numbers show …

 Above: Kingston (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has completed its third review of Jamaica’s performance under its Extended Fund Facility-supported programme. The completion of the review enables the disbursement of around $71.4 …

 Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff The Dominican Republic’s economy is projected to grow by 4.5 percent in 2014, according to a projection from the International Monetary Fund, which recently concluded a visit to the …

 Above: Grenada By the Caribbean Journal staff The government of Grenada and the International Monetary Fund have reached a staff-level agreement, the IMF announced. The economic programme will be supported by a three-year, $21.9 million extended credit facility, according to …