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How Dr. Martin Luther King, Jr Found Inspiration on a Tiny Caribbean Island 

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“He’s allowed me to go up to the mountain. And I’ve looked over. And I’ve seen the Promised Land.” It’s one of Dr. Martin Luther King’s most iconic speeches: “I’ve Been to the Mountaintop,” his address to striking sanitation workers in Memphis, Tenn. on April 3, 1968.  And it was born on the tiny island […]

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Changing the Attitude in Jamaica

By Dennis Chung CJ Contributor PROBABLY THE best known sporting brand, Nike, has a very simple tagline — “Just do it.” If you think about it, the tagline simply means that the only way to get results is to act. I have heard many people say that they have bought expensive exercise machines but have […]

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IMF: Haiti GDP Grew By 4 Percent in 2013

Above: Port-au-Prince By the Caribbean Journal staff Haiti’s gross domestic product grew by around 4 percent in the 2013 fiscal year, according to preliminary data from the International Monetary Fund. That number was better than had recently been projected. In June, the IMF lowered its growth forecast for the country to 3.4 percent, down from […]

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Jamaica's Big Risk

By Dennis Chung CJ Contributor WHILE walking, or cycling, I often see people who ask me many questions relating to the economy, finances, or issues about my second book. In the last few weeks, though, I notice that the majority of questions have focused on the difficulty people are facing in the economy. My own […]


IMF: Haiti GDP Grew By 4 Percent in 2013

Above: the Bahamas By the Caribbean Journal staff The Bahamas should see a boost in economic growth beginning in 2014, according to the International Monetary Fund. The fund said that a reduction in tourist arrivals and in the completion of major public infrastructure projects was being offset by an increase in foreign investment in large […]

IMF: Economic Growth Slows in the Dominican Republic

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff Economic growth in the Dominican Republic decelerated in early 2013, according to the International Monetary Fund, which recently concluded a post-programme monitoring discussion with the country. The deceleration came in the context of “fiscal contraction and weak confidence,” the Fund said, with real GDP […]

Is Jamaica on the Right Track?

By Dennis Chung CJ Contributor OVER the past few weeks, I have been approached by many persons who ask the questions: What is happening to the economy? Is Jamaica headed in the right direction? Is it time for me to migrate? These questions have been influenced by the continued devaluation of the Jamaican dollar, increasing […]

IMF Approves Disbursement of $30.6 Million to Jamaica

Above: Kingston (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $30.6 million disbursement to Jamaica. The move follows the completion of its first review of the country’s performance under an economic programme supported by a four-year, $944 million Extended Fund Facility Arrangement. Total disbursements have now reached […]

S&P Raises Jamaica Credit Rating

Above: Kingston By the Caribbean Journal staff Standard & Poor’s has raised its long-term foreign and local currency sovereign credit ratings on Jamaica, citing “progress in stabilizing the economy” and the country’s agreement with the International Monetary Fund. The rating, which was upgraded to “B-” from “CCC+”, also reflected Jamaica’s gains in access to new […]

Jamaica Off to Strong Start on IMF Reforms, But Economy Remains Sluggish

Above: Kingston By the Caribbean Journal staff Jamaica is off to a strong start under its new programme with the International Monetary Fund, but the country’s economy remains less than productive. The IMF concluded a staff mission to Jamaica last week to conduct its first review of the country’s IMF-supported programme, holding talks with Finance […]

IMF Team Visits Grenada

Above: Grenada By the Caribbean Journal staff An International Monetary Fund mission is currently visiting Grenada. The team, which began its visit on Sept. 2, will conclude its trip on Sept. 13. It is being led by Aliona Cebotari. The team will be focusing on the current economic situation in the country, Grenada’s fiscal performance […]

Haiti: IMF Approves $2.5M Disbursement

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $2.5 million disbursement to Haiti. The move comes after the board completed its sixth review of Haiti’s performance under its IMF programme supported by an Extended Credit Facility arrangement. The IMF said the board had also approved […]