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Beaches Negril Is Open Again in Jamaica

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The morning began with the wide, open light that Negril is famous for. As families arrived at the newly reopened all-inclusive Beaches Negril, the shoreline was already glowing, the sea glass-blue and steady, and the breeze moving through the palms in slow, warm currents. Seven Mile Beach has always been a place where time seems […]

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Barbados Gets $10 Million Loan for Job Creation

A new loan from IDB By Dana Niland CJ Contributor The Inter-American Development Bank has approved a $10 million loan in an initiative to reduce poverty and create jobs in Barbados. The program aims to alleviate the country’s poverty and unemployment rates through a program comprised of three components. Firstly, the program will work to […]

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Jamaica Getting $130 Million Loan to Help Stimulate Economic Growth

A major financing program By the Caribbean Journal staff Jamaica is getting a $130 million loan from the Inter-American Development Bank, the organization announced. The loan aims to strengthen Jamaica’s structural program for economic growth. “The Jamaican government has been improving its public finances in recent years in order to set the stage for stronger […]

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Bahamas Gets $20 Million IDB Loan for Crime Fighting Efforts

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By Dana Niland CJ Contributor The Inter-American Development Bank (IDB) has approved a $20 million loan to aid in reducing crime and violence in The Bahamas. The loan will be particularly targeting at-risk youths and improving the institutional functions of the justice system, among other actions. Crime has been increasing steadily in The Bahamas, reaching […]


Jamaica Getting $130 Million Loan to Help Stimulate Economic Growth

Above: Clint Ramcharan, Director for Trinidad and Tobago (left) with CDB President, Dr Warren Smith By the Caribbean Journal staff Trinidad and Tobago has received a $40 million policy-based loan from the Caribbean Development Bank to help reinforce “policy changes” in the energy sector, the bank announced. The policy relates to a sustainable energy programme […]

British Virgin Islands Gets $35 Million Loan For Cruise Pier Expansion

Above: the signing ceremony (BVIPA/A Glasgow) By the Caribbean Journal staff The British Virgin Islands, through the British Virgin Islands Ports Authority, has obtained a $35 million loan for its planned cruise pier expansion project. The deal was closed last week with FirstCaribbean International Bank, signed by BVIPA Chairman Edward de Castro, Managing Director Claude […]

Grenada Receives $10 Million Loan From Caribbean Development Bank

Above: Grenada (CJ Photo) By the Caribbean Journal staff The Caribbean Development Bank’s board of directors has approved a $10 million policy-based loan for Grenada. The loan will support the Grenadian government’s “reform priorities,” according to the CDB. The loan is the first in a series of three $10 million policy-based loans that have been […]

Belize Gets $10 Million IDB Loan For Education System

Above: Belmopan By the Caribbean Journal staff Belize will soon be the recipient of a $10 million loan from the Inter-American Development Bank. The latest loan approved by the IDB this week is designed to support Belize’s efforts to improve its primary education and the overall governance of its education system. “The programme aims to […]

Jamaica: IDB Approves $60 Million Loan to Improve "Competitiveness"

Above: Kingston (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank has approved a $60 million loan aimed at improving “competitiveness” in Jamaica, the bank announced last week. The loan will “promote tax and land titling reforms and improve access to credit,” the bank said. The loan is part of the third phase […]

World Bank Approves $130 Million Loan For Jamaica

Above: the World Bank By the Caribbean Journal staff The World Bank Board of Directors has approved a $130 million development policy loan for Jamaica. The loan aims to promote “economic stability, debt sustainability and improve competitiveness in Jamaica,” according to a statement from the Bank. “For over three decades, Jamaica’s economy has faced serious […]

Jamaica to Receive $80 Million IDB Loan for "Fiscal Sustainability"

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica will be receiving an $80 million loan from the Inter-American Development Bank aimed at improving the “effectiveness and efficiency” of the country’s tax system. The loan will target “fiscal sustainability,” according to the IDB, with the goal of reducing tax distortions, strengthening revenue collection and […]

Antigua to Receive $13.4 Million CDB Loan For Education

Above: Antigua (CJ Photo) By the Caribbean Journal staff Antigua and Barbuda will be receiving a $13.4 million loan from the Caribbean Development Bank. The loan will help support Antigua’s efforts in the area of secondary education, as the country seeks to eventually provide universal secondary education. The loan will also finance consultancy services for […]