By Dr. Basil Springer “Instruct those who are rich in this present world not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy.” – 1 Timothy 6:17 As I pondered over this scripture in the Book of Timothy, it […]
St. George – Earlier today, the International Monetary Fund (IMF), a leading global financial institution, released its latest assessment of Grenada’s recent economic performance, and the results are highly positive. This follows approval by the IMF’s Executive Board on 17 July 2023. The Executive’s Board assessment and the full staff report can be accessed via […]
Bridgetown, Barbados (PAHO) – The Prime Minister of Barbados, Hon. Mia Amor Mottley, today met with Pan American Health Organization (PAHO) Director, Dr. Jarbas Barbosa, during his official visit to the Caribbean country. During the meeting, Dr. Barbosa and Prime Minister Mottley discussed the urgent need to protect health while promoting social and economic development in the […]
June 23, 2021, BRIDGETOWN, Barbados – President of the Caribbean Development Bank (CDB), Dr Gene Leon has proposed the formation of a regional action group, combining the strengths and capacity of key regional institutions to drive the Caribbean’s economic and social development agenda. “We can benefit from combining our strengths to provide leadership, advice and […]
Washington, DC – The U.S. Virgin Islands Research and Technology Park Corporation (RTPark) – an independent affiliate of the University of the Virgin Islands—this week received the International Economic Development Council’s Economic Development Organization (EDO) of the Year award. The honor was presented at an awards ceremony during the IEDC Annual Conference, which gathers over […]
The Presidents of the Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) and the Chief Executive Officer of IDB Invest have today signed a mutual cooperation agreement. The new agreement between the IDB Group and CDB support economic development and integration of the Caribbean community and common market. “Today’s signing ceremony is a […]
The rise of exports in the agro-processing sector unlocks exciting opportunities for economic diversification in Trinidad and Tobago (T&T). This, according to the latest policy brief published by the Economic Commission for Latin America and the Caribbean (ECLAC), entitled `Policy actions to facilitate upgrading of the agricultural sector in Trinidad and Tobago’. According to the […]
In an international context of reduced flows and strong competition, national policies must attract FDI that contributes to creating local capacities and fostering sustainable development, ECLAC says in its annual report. (August 14, 2019) In contrast to the global trend, flows of Foreign Direct Investment (FDI) to Latin America and the Caribbean increased by 13.2% in 2018 […]
The Government of Montserrat and the Caribbean Development Bank (CDB) in cooperation with the United Kingdom Caribbean Infrastructure Fund (UKCIF) launched today with the Little Bay Port Development one of the largest projects in recent times in Montserrat. “Today’s launch of the port project marks one of the first steps towards the fulfilment of the […]
