NASSAU, Bahamas – Governor of the Central Bank of the Bahamas, John Rolle, Monday said it is likely that the country would have experience economic growth of between seven and nine percent last year.
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PORT OF SPAIN, Trinidad –The latest statistics for economic growth in Trinidad and Tobago for 2022 are better than previously estimated.
Basseterre, St. Kitts and Nevis - The Government of St. Kitts and Nevis will be introducing a new payroll system for the civil service. All monthly paid civil servants will soon be paid on a twice monthly or on a semimonthly basis.
KINGSTON, Jamaica – The Government has no intention of bailing out failed financial institutions, says Prime Minister Andrew Holness.
BRIDGETOWN, Barbados – Barbados' economy is forecast to continue on its growth trajectory this year, even though the global economy is expected to slow in 2023, the Central Bank of Barbados (CBB) reported Wednesday
GEORGE’S, Grenada – The Grenada government Tuesday announced a one-month delay in the implementation of an increase in the Excise Tax on alcohol and tobacco products as well as Value Added Tax (VAT) on sugar, sugary or carbonated drinks.
PORT OF SPAIN, Trinidad – The Trinidad and Tobago government has informed oil and gas companies that the days of “just ticking the boxes” as it relates to bidding for oil exploration “are over” and that a new policy is being formulated.
MADRID, Spain – Jamaica is on track to achieve an 11 percent growth this year as the island continues to recover strongly from the fallout of the COVID-19 pandemic .
DAVOS, Switzerland – The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, has outlined a new set of policies to help the Latin America and Caribbean (LAC) countries emerge from a prolonged development crisis.
ST. GEORGE’S, Grenada – Grenada's government has reinstated the Petrol Tax Rate that had been suspended in September last year resulting in an additional EC$3.50 (One EC dollar=US$0.37 cents) being added to every gallon of petrol sold as of Wednesday.
Barbados Intends to Transform its Boating and Shipping Sector to be More Environmentally Sustainable
BRIDGETOWN, Barbados –The Barbados government says it will be introducing legislation for a greener transition of the shipping sector.
PORT OF SPAIN, Trinidad – Trinidad and Tobago and China are seeking to deepen trade and investment relations in the future with both countries participating in a forum that sought to commemorate and further develop cooperation between them.
KINGSTON, Jamaica -Prime Minister Andrew Holness, says consideration by the International Monetary Fund (IMF) of Jamaica’s request to access the Resilience and Sustainable Facility (RSF) and the Precautionary and Liquidity Line (PLL), signals the strength of the fundamentals of the island’s economy.
