The CSME is more than a policy framework—it is a gateway to economic empowerment, mobility, and innovation for young people. It is the key that allows a young Tobagonian entrepreneur to scale their business beyond our shores, a recent graduate to find work in another CARICOM state without unnecessar...

“This project has a lot of potential to transform the Guyanese economy and the entire industry within CARICOM. One of the things that I like about the project is the integration of the community and the fact that the community [of Moblissa] is also being included and lifted up. I am also very happy ...

CARICOM Secretary-General, Dr. Carla Barnett on Monday 5 September delivered the Second Distinguished Owen Arthur Memorial Lecture in Bridgetown, Barbados. The lecture was delivered under the theme 'The Future of CARICOM; Charting a Vision for the Region's Economic Advancement'. It was organised ...

The First CARICOM-Africa Summit held on 7 September 2021, opened a new chapter in the deep-rooted and strong relations between CARICOM and Africa.  It set in motion various initiatives to further deepen and strengthen relations between the African continent and the Community.  In particula...

Antigua and Barbuda has reported a 7% increase in tourist arrivals in July as the country continues to record a “steady rebound” in visitor arrivals in the wake of the coronavirus (COVID-19) pandemic that had forced the closure of borders. The Ministry of Tourism said during July, Antigua and Bar...

Effective August 19, consumers in Barbados will be paying less for gasoline and diesel as Prime Minister Mia Mottley announced that the price of fuel at the pump will be capped for the next five months. Gasoline will cost BDS$4.48 (US$2.24) per litre, while diesel will be BDS$4.03 (US$2.01) unti...

The Eastern Caribbean Central Bank (ECCB) says monetary conditions within the Eastern Caribbean Currency Union (ECCU), “remain accommodative”. “Monetary and credit conditions improved during the first half of 2022, with growth in private sector credit being positive,” the ECCB said, noting that t...

The unemployment rate for April 2022 decreased to 6.0%, 3.0 percentage points lower than in the same quarter of 2021. The male unemployment rate fell to 4.7% from 7.5%, while the unemployment rate for females declined to 7.6% from 10.8%. The unemployment rate for youth aged 14-24 was 15.5% in Apr...

The United Nations Conference on Trade and Development (UNCTAD) says investment flows to the Region reached US$134 billion last year, up from US$88 billion in 2020. According to UNCTAD’ World Investment Report 2022, foreign direct investment (FDI) in Latin America and the Caribbean rebounded from...

The Department of Inland Revenue (DIR) in the Bahamas has collected $930.57 million in taxes from July 1, 2021 to end of May, exceeding current FYprojections by $100 million. According to Acting Comptroller of the Department of Inland Revenue Shunda Strachan $136 million came from real property t...