The Dominican Republic has added a new internationally branded hotel on the north coast. President Luis Abinader has officially inaugurated the Holiday Inn Puerto Plata – Cofresí Bay Area by IHG, a new property developed with an investment of $26 million that adds 115 rooms to Puerto Plata’s growing hotel inventory. It’s the second Holiday […]
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 Chief Uma Ramakrishnan, who led an IMF delegation in Jamaica from Aug. 12-21. “ The […]
After two slow years, signs of life By Dana Niland CJ 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 slow 2014, conditions in the country’s economy have improved with lower oil prices, new […]
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 Martijn, who was the first mission chief under Jamaica’s existing four-year $932 million extended fund […]
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