inter-american development bank

IDB Speeds Up Caribbean Broadband

Flights

United Airlines Is Going Daily to Barbados From Newark and Washington, D.C. for the Holiday Season

 united airlines barbados

A table at The Cliff. A week at Sandy Lane. A villa in Paynes Bay with the whole family coming in for Christmas. Barbados has long had its own version of the Caribbean festive season, one defined by packed hotels, hard-to-get restaurant reservations and repeat visitors who return every December. This year, United Airlines is putting considerably more seats […]

inter-american development bank

IDB to Increase Caribbean Funding

Above: IDB headquarters in Washington, DC The Caribbean will see a nearly $5 billion jump in annual financing from the Inter-American Development Bank. Funding for the region has moved from $7 billion to $12 billion. According to Ancile Brewster, the IDB’s representative in Jamaica, regional integration and private sector development in the Caribbean are among […]

inter-american development bank

Jamaica, IDB Talk Benchmarks

Above: Finance Minister Audley Shaw (JIS Photo) Jamaica and the Inter-American Development Bank have discussed structural benchmarks identified by the country’s government to strengthen the economy and increase competitiveness. These areas include tax, pension and public sector wage reforms, according to Finance Minister Audley Shaw, who said it was his government’s prerogative to ensure a […]

inter-american development bank

IDB, Barbados Talk Economy

Above: Finance Minister Christopher Sinckler (Photo: BGIS) Joel Branski, the Inter-American Development Bank’s local representative for Barbados, met with Barbadian Finance Minister Christopher Sinckler today in St Michael, discussing a series of projects currently ongoing in the country. “I am happy and committed to working with the bank on various projects that would enhance the […]

Jamaica, IDB Talk Benchmarks

 Above: Goldeneye in Jamaica By the Caribbean Journal staff Caribbean hotels will receive a boost from the Inter-American Development Bank, which is granting $2 million to help the tourism sector in eight regional countries improve their energy efficiency. The four-year project will finance energy audits for hotels in participating countries looking to cut their costs […]

IDB grants $35M for Haiti Electricity

Above: 70 percent of Haitians have no electricity (UN Photo: Marco Dormino) By the Caribbean Journal staff The Inter-American Development Bank announced it would be giving Haiti a $35 million grant to support the country’s electricity sector and the management of its state power company, Electricite d’Haiti (EDH). According to the IDB, the grant is […]

Guyana, IDB Sign Loan Agreement

Above: President Bharrat Jagdeo and IDB President Luis Alberto Moreno By the Caribbean Journal staff Guyanese President Bharrat Jagdeo and Finance Minister Ashni Singh met yesterday with the President of the Innter-American Development Bank, Luis Alberto Moreno, at the bank’s headquarters in Washington, DC. Jagdeo was joined by Finance Minister Ashni Singh. Following the meeting, […]

Inter-American Development Bank Begins Barbados Visit

 By the Caribbean Journal staff Eleven counsellors of the Inter-American Development Bank are in Barbados looking at local projects funded by the bank. Representatives of the bank, which last week warned that the region was in danger of significant effects from rising food prices, are meeting with Barbados’ Housing and Neighborhood Upgrading Programme and the […]

Inter-American Development Bank Warns on Caribbean Food Prices

By the Caribbean Journal staff Caribbean nations need to protect their urban poor as rising international food prices trigger an acceleration of inflation, according to a report from the Inter-American Development Bank. According to the report, “How will the Food Price Shock Affect Inflation in Latin America and the Caribbean?”, there is an increased risk […]