Guyana receives funds to develop gold mining sector

GEORGETOWN, Guyana, CMC – The World Wildlife Fund (WWF) is assisting Guyana in building capacity in environmental management of the gold mining sector. The WWF has provided a GUY$12 million (One Guyana Dollar = US$0.01 cents) cheque to the Ministry of Natural Resources and the Environment as p...
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Gov’t could be left with multimillion-dollar AIDS fight

ST JOHN’S, Antigua – Permanent Secretary within the Ministry of Health Edson Joseph has suggested, as international agencies withdraw funding, the government will soon be left with a multi-million dollar bill to fight HIV and AIDS. “Most of the funding agencies, the Global Fund, Cl...
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St. Kitts-Nevis PM to chair Commonwealth group on debt

BASSETERRE, St. Kitts, CMC – Prime Minister Dr. Denzil Douglas will chair a Commonwealth high level mission on small states debt as developing countries to seek to deal with the impact of the global economic and financial crisis, Commonwealth Secretary Gerneral Kamalesh Sharma announced Tuesda...
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Bid for $1 billion more

BRIDGETOWN, Barbados - For the fourth time in five years, Government has gone to Parliament seeking an increase in the amounts of Treasury bills and Tax Certificates it can issue. Minister of Finance and Economic Affairs Chris Sinckler introduced a resolution at yesterday’s sitting of the Hous...
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Partnership with IMF ‘successful’

ST JOHN’S, Antigua – Coming to the end of the nation’s three-year stand-by-arrangement (SBA) with the International Monetary Fund (IMF), the minister of finance has deemed the partnership a “success.” “We knew what we had to do; we have done it. In June it is exit...
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Jamaica: Searching for economic stabilization

GEORGETOWN, Guyana – At the beginning of this month, the Executive Board of the International Monetary Fund (IMF) approved new funding arrangements to help stabilize the Jamaican economy and put it on a path to economic growth. The negotiation of the funds, a so-called Extended Fund Facility (...
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Study calls on regional governments to modernize tax system

WASHINGTON, CMC – A new study published here is urging Latin America and Caribbean governments to renew efforts to modernize their tax system. The study done by the Inter-American Development Bank (IDB) suggests that while Latin America and the Caribbean have made great strides in boosting tax...
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LIAT to present summary of legal opinion to Trinidad PM

KINGSTOWN, St. Vincent, CMC – Shareholder governments of the regional airline, LIAT, have agreed to provide a summary of a legal opinion to Trinidad and Tobago Prime Minister Kamla Persad Bissessar regarding the "unfair” subsidy given to the state-owned Caribbean Airlines (CAL), Prime Mi...
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Eviction fears haunt Haiti camps after attacks

PORT-AU-PRINCE, Haiti (AP) — Attorney Reynold Georges showed up with a judge and a police officer on a recent afternoon at Camp Acra, a cluster of tents and plywood shelters scattered across rocky hills dotted with trees in the heart of the Haitian capital. The lawyer told the camp of some 30,...
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Haiti president defends first 2 years in office

PORT-AU-PRINCE, Haiti — Haiti's President Michel Martelly is defending his record since taking office of the impoverished Caribbean nation two years ago. The former pop star points to his introduction of a tuition-free school project and social protection programs. Martelly also says his g...
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