Barbados has met all quantitative targets for end-December 2021 and end-March 2022 under the IMF’s EFF making it eligible for a drawdown of US$23 million. According to the IMF’s Bert van Selm, “international reserves, which reached a low of US$220 million (5-6 weeks of imports) in May 2018, are n...

Grenada's Prime Minister Dr Keith Mitchell has announced that General Elections will be held on 23 June 2022. Nominations Day will be 1 June. Dr Keith Mitchell The Elections are expected to be a straight fight between Prime Minister Mitchell's New National Party (NNP) and the opposition Natio...

The Regional Statistics Programme of the CARICOM Secretariat has established an electronic platform for training, research and knowledge acquisition that is aimed at improving statistical capacity in the Region on a sustainable basis. The platform is the Statistical Training and Research in the C...

The Caribbean Community (CARICOM) has expressed deep regret at the passing of Cuba’s former Foreign Affairs Minister HE Ricardo Alarcón, who played a constructive role in advancing Cuba’s relationship with CARICOM.  Mr   Alarcón died recently in Havana at the age of 84. CARICOM Sec...

Seprod Limited is moving to acquire a 100 year-old Trinidad & Tobago company, A.S. Bryden & Sons Holdings, “to  create the leading integrated manufacturing and distribution group in the Caribbean," the companies said In a joint announcement. Their combined revenues is estimated at US...

The premier Agri-Food Investment Forum and Expo will be held on May 19 – 21, 2022 at the Arthur Chung Convention Center under the theme: “Investing in Vision 25 by 2025”. The overall goal of this important event is to achieve the 25% by 2025 vision of reducing regional food imports by fostering acce...

The Caribbean Community (CARICOM) takes note of the release on April 29, 2022, of the Report of the British Virgin Islands Commission of Inquiry (COI) with its far-reaching recommendations.   The British Virgin Islands (BVI), a British Overseas Territory, has been an Associate Member of th...

For the period January to March 2022, Barbados experienced inflation of 4.2%, unemployment declined from 12.4% to 10.9% and net international reserves reaching US$3.019 B or 36.4 weeks of import cover. According to the Central Bank of Barbados in its quarterly review, the economy grew by 11.8% du...

Heads of Government of the Caribbean Community (CARICOM), the Dominican Republic and the CARICOM Secretary-General met virtually on Friday with United States Vice President Kamala Harris to discuss support for post Covid-19 economic recovery, the climate crisis, energy security and security co-opera...

Judge Lisa M Shoman of Belize has been elected by her peers to the Presidency of the Caribbean Community Administrative Tribunal (CCAT) from 20th April 2022 for two years, as the second President of the Tribunal. Judge Shoman SC was preceded by, Sir Patterson Cheltenham, Chief Justice of Barbados wh...