Zero growth

BRIDGETOWN, Barbados - The Barbados economy had a dismal performance in 2012, registering no growth, and the Central Bank is predicting hardly any increased economic activity in the country this year. Central Bank Governor Dr DeLisle Worrell delivered the disappointing news yesterday in his review ...
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Barbados predicts modest economic growth for 2013

BRIDGETOWN, Barbados, CMC – Barbados is forecasting less than one per cent real economic growth for 2013 up from “no real growth” last year. The Central Bank of Barbados said that the 0.7 per cent forecast for this year is based on the most recent forecast by the International Mon...
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Opposition chided on boycott

BRIDGETOWN, Barbados - AS NINE EMPTY benches faced Government yesterday in the House of Assembly during presentation of a $15.7 million supplementary resolution to subsidize diesel, the Opposition boycott came in for a tongue-lashing from a senior minister. Minister of Small Business Denis Kellman ...
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Two new one-term govts?

PORT OF SPAIN, Trinidad - TWO countries of the Caribbean Community—Barbados and Grenada—are expected to be involved in parliamentary elections next month. Barbados is yet to announce its election date—Grenada's will be on February 19. But speculations are in full swing about ...
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Confronting CARICOM’s implementation deficit

KINGSTON, Jamaica - THE recent announcement by the secretary general of the Caribbean Community, Irwin LaRocque, of fresh efforts to restructure the management of the regional economic integration movement would most likely raise new questions about the commitment of Heads of Government to implement...
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Jamaica gives assurances to implement EPA agreements

KINGSTON, Jamaica, CMC – The Jamaica government says it has given approval for the necessary amendments to be made to the Customs Act as the island implements the tariff liberalisation aspect of the Economic Partnership Agreement (EPA) signed between the Caribbean Forum (CARIFORUM) countries a...
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PM says IMF not only solution to Jamaica’s problems

KINGSTON, Jamaica, CMC – The Jamaica government says while an agreement with the International Monetary Fund (IMF) will it some needed assistance, it is not however the solution to the problems facing the country. “The IMF will not solve the problems of Jamaica. We all have to make some ...
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PM predicts economic growth, announces new taxes

KINGSTOWN, St. Vincent, CMC – Prime Minister Dr. Ralph Gonsalves has presented Parliament with a EC$799.1 million (One EC dollar = US$0.37 cents) national budget outlining increased taxes and predicting economic growth for St. Vincent and the Grenadines in 2013. Opposition Leader Arnhim Eustac...
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Focus on opportunities

BRIDGETOWN, Barbados - Should we congratulate St. Kitts and Nevis for being the most recent Caribbean nation to become a “high-income country, as defined by the World Bank? Recently, the President of the United States of America Barack Obama pointed out that it was his intention to terminate t...
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Remembering Haiti and those who died

KINGSTON, Jamaica - IT'S been three years since our sister Caribbean country Haiti was hit by a powerful earthquake that killed more than 300,000 people and devastated infrastructure. Quite appropriately, the Haitian Government ordered that the anniversary be observed with the Haitian flag flown...
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