By Lincoln DePradine A trade dispute is simmering. On the one side is the United States and its leader, Donald J. Trump; and on the other are Canada, Mexico and member-nations of the European Union (E.U.). And this dispute, if not resolved amicably, could adversely affect regional economies, including Grenada’s. It could be the worst […]
At the New National Party (NNP) last rally, at Pearls, St. Andrew’s, Dr Keith Mitchell made an announcement that could transform the economic fortunes of the Tri-island State of Grenada, Carriacou and Petite Martinique. It’s long been suspected that Grenada, situated as it is between oil-rich Trinidad and Tobago and the South American nation of […]
Alicia Bárcena, Executive Secretary of the regional organization, led the launch of a report on the economics of climate change that was commented upon by Marcelo Mena, Chile’s Minister of the Environment, and Andrés Rebolledo, the country’s Energy Minister. (December 13, 2017) The countries of Latin America and the Caribbean must change their development paradigm, […]
ST. GEORGE’S, GRENADA, NOVEMBER 28, 2017, GIS: – Grenada’s unemployment rate has fallen significantly from 40% in 2013 to 24% in 2017. Prime Minister and Minister of Finance Dr.Keith Mitchell made the disclosure during his presentation of the 2018 budget in parliament on Monday even as the country’s unemployment rate looks set to fall again […]
The regional organization’s Executive Secretary, Alicia Bárcena, made a presentation at the IV Regional Conference on Prospects for Triangular Cooperation in Latin America and the Caribbean, held in Lima, Peru. (September 27, 2017) Triangular cooperation, suited to national development priorities, can contribute to giving an environmental push to the economies of Latin America and the […]
ECLAC holds its projection for average regional growth at 1.1% and stresses the importance of macroeconomic policies to regain economic dynamism. (August 3, 2017) The countries of Latin America and the Caribbean will grow 1.1% on average in 2017 after two consecutive years of contraction, thanks to an international context that shows improved growth expectations […]
ST. GEORGE’S, GRENADA, May 22, 2017 – GIS: The IMF is reporting that Grenada’s performance during the last phase of the three-year structural adjustment programme remained strong. The Washington based organization released a statement on Thursday saying authorities in St. George’s met all performance criteria and structural benchmarks for the sixth review. Following the […]
ST. GEORGE’S, GRENADA, April 21, 2017- GIS: The New Chairman of the world’s Small States Forum, Grenada’s Prime Minister Dr. Keith Mitchell, believes the time has come for a change in the narrative surrounding the global grouping. In a keynote address in Washington Thursday outlining a new vision for Small States, Prime Minister Mitchell told […]
Local economist Lennox J. Andrews says there is “too much’’ Government involvement in the Grenada economy, resulting in too many people dependent on the State for jobs. “There is too much Government in our lives and Government’s role in the economy is not to provide employment for everybody,’’ Andrews said in a Barnacle interview in […]
