According to the October 2021 issue of Regional Economic Outlook for Latin America and the Caribbean (LAC), published by the IMF, the economic performance was robust in the first quarter of 2021 but lost momentum in some countries in the second quarter, reflecting the rebound in COVID-19 cases. R...

As the Caribbean Community (CARICOM) continued its preparations for the United Nations COP 26, Heads of Government met on Tuesday with the Executive Director of the Green Climate Fund (GCF) Mr. Yannick Glemarec. The United Nations Framework Convention on Climate Change (UNFCCC) 26th Conference of...

Jamaica’s tourism continues to rebound strongly amid the coronavirus pandemic as is reflected in the US$1.7 billion in earnings since the reopening of the country’s borders in June 2020. Since that time, Jamaica has received 1,285,368 visitors — including 8,381 cruise passengers. According to Tou...

The Caribbean Community and Chile have agreed on a programme of activities for the next year as they seek to further strengthen their technical cooperation. Representatives of the CARICOM Secretariat and the Chilean Agency for International Cooperation discussed the ongoing CARICOM-Chile Technica...

Effective January 1, 2022, Trinidad and Tobago will be removing all custom duties, motor vehicle tax and value-added tax on the importation of battery-powered electric vehicles with an age limit on imported used battery-powered electric vehicles of two years. This policy will be subject to review...

The Caribbean Week of Agriculture 2021 concludes on Friday, 8 October following a Special Ministerial Meeting of the Council for Trade and Economic Development (COTED).  A closing ceremony will be held at 5pm and will feature the presentation of the inaugural Farmer of the Year and Youth Far...

EIGHTEEN (18) CLINICAL AND PUBLIC HEALTH PRACTITIONERS COMPLETE THREE-MONTH COURSE ON CLINICAL MANAGEMENT OF HIV Thursday, 7 October 2021 (PANCAP Coordinating Unit, CARICOM Secretariat): The Pan-Caribbean Partnership against HIV and AIDS (PANCAP), the mechanism that provides a structured and unif...

Port of Spain, Trinidad and Tobago.   Thanks to a bilateral cooperation program, the Japan-CARICOM Friendship and Cooperation Fund, the CARPHA Medical Microbiology Laboratory (CMML) received twenty-three (23) Viral RNA Test Kits valued at US$43,411 which are expected to conduct approximate...

An effective response to the post Covid-19 economic situation must include significant and broad debt reduction for all developing countries, including vulnerable middle to high income states. This was one of the prescriptions put forward by CARICOM Secretary-General Her Excellency Carla Barnett as ...

The Bank of Jamaica (BOJ) has raised its policy interest rate by 100 basis points to 1.50% as inflation breached the upper limit of the bank’s target range in August. However the action will “moderate” the economy’s growth potential. The policy interest rate has stood at a historic low of 0.5% si...