inter-american development bank
Flights

Southwest Airlines Is Launching a Big Caribbean Expansion, With New Nonstop Flights to Aruba, Jamaica, St. Thomas, and Punta Cana 

southwest airlines aruba jamaica

The water along Eagle Beach has a luminous blue that seems to go on forever. In Montego Bay, the hills rise behind a sweep of resorts, beaches and old sugar-estate country. On St. Thomas, ferries leave the harbor for St. John, sailboats cross Pillsbury Sound and Magens Bay curves around one of the Caribbean’s most […]

inter-american development bank

Dominican Republic to Receive $250M Loan to Boost Productivity

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff The Dominican Republic will be receiving a $250 million loan from the Inter-American Development Bank to boost productivity and improve the country’s business climate. The loan will target the “Programme to Improve Productivity,” addressing what the IDB called the “urgent need to promote reforms […]

inter-american development bank

Honduras, Guatemala, El Salvador Outline Joint Development Plan

Above: IDB headquarters in Washington By the Caribbean Journal staff The Presidents of El Salvador, Guatemala and Honduras assembled in Washington last week to outline a plan to promote “economic, social and institutional development in their countries.” Presidents Salvador Sanchez Ceren of El Salvador, Otto Perez Molina of Guatemala and Juan Orlando Hernandez of Honduras, […]

inter-american development bank

China Holds Business Summit With Latin America, Caribbean

Above: Changsha, China By the Caribbean Journal staff Hundreds of executives from Latin America, the Caribbean and China recently gathered for the eighth China-Latin America and the Caribbean Business Summit. Last week’s summit, hosted in Changsha, China, focused on opportunities for businesses from both regions. The summit was organized by the Inter-American Development Bank, the […]


Honduras, Guatemala, El Salvador Outline Joint Development Plan

Above: the Inter-American Development Bank’s headquarters By the Caribbean Journal staff Haiti will soon receive a $14 million grant to help the country’s government reduce plant and livestock losses and increase exports. The grant, which was approved by the Inter-American Development Bank’s board of directors, is being matched by $2 million in funding from the […]

Dominican Republic: IDB Approves $78M Loan For Electricity Grid

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank has approved a $78 million loan to the Dominican Republic to improve the country’s electrical distribution grid and reduce electricity waste. The project, which is part of the country’s Integrated Electricity Sector Plan for 2013-2016, seeks “ensure the proper functioning […]

Inter-American Development Bank Names New Chief Financial Officer

Above: the Inter-American Development Bank’s headquarters in Washington By the Caribbean Journal staff The Inter-American Development Bank has named Gustvao De Rosa its new finance manager and chief financial officer. De Rosa’s appointment takes effect Nov, 1, 2014. A native of Argentina, he had had been serving as the Chief Risk Officer of the IDB […]

Belize Prime Minister, IDB President Hold Talks in Washington

Above: Belize Prime Minister Dean Barrow By the Caribbean Journal staff Belize Prime Minister Dean Barrow visited Washington this week and met with officials at the Inter-American Development Bank. Barrow held talks with IDB President Luis Alberto Moreno to discuss “Belize’s relationship with the bank and priority areas of collaboration,” according to a statement from […]

Suriname to Receive $100 Million in Loans From IDB, China

Above: Suriname’s National Assembly By the Caribbean Journal staff Suriname will be receiving a pair of $50 million loans from the Inter-American Development Bank and the China Co-financing Fund for Latin America and the Caribbean. The funding is part of a series of loans aimed at supporting the financial sector reform agenda of Suriname’s government. […]

IDB, EU Sign Agreement on Latin American, Caribbean Development

Above: Fort de France, Martinique (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank and the European Union have signed a Memorandum of Understanding aimed at enhancing cooperation to improve development in Latin America and the Caribbean. The Agreement was signed by IDB President Luis Alberto Moreno, European Union Commissioner for Development Andris […]

Haiti, IDB to Partner on Green Energy Projects in Rural Areas

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The Inter-American Development bank has approved a grant for a $3 million cooperation project with the government of Haiti to test green energy projects. The projects will test models based on solar, sustainable biomass and hybrid approaches in a country that has the lowest level of […]

Jamaica Begins New Initiative to Lower Road Traffic Deaths

Above: Kingston (CJ Photo) By the Caribbean Journal staff A new Inter-American Development Bank initiative aims to lower road traffic deaths in the Caribbean, particularly Jamaica, using better data collection practices. The initiative is a partnership between the IDB, the Organization for Economic Cooperation and Development’s International Transport Forum and the governments of Jamaica and […]