Author: Clivette

Belize rejects IMF recommendation for increased taxes

June 23, 2017 in Regional

[caption id="attachment_14001" align="alignright" width="300"] BELIZE PRIME MINISTER DEAN BARROW SAYS HIS GOVERNMENT WILL CHALLENGE A SMALL ASPECT OF THE HISTORIC RULING.[/caption] BELMOPAN, Belize (CMC) — The Belize government says it has no intention of implementing a recommendation by the International Monetary Fund for the Caribbean Community...

Jamaica gets more support from World Bank

June 23, 2017 in Regional

THE Government's economic reform agenda will be further boosted with the provision of another World Bank Development Policy Loan (DPL) in the sum of approximately $9.05 billion (US$70 million). This provision will further underpin the Administration's ongoing policy implementation aimed at spurring growth and development, while...

Three-day strike causes LIAT to lose millions

June 22, 2017 in Regional

LIAT 1974 Limited has quantified the value of the mass cancellation in bookings and the other expenses it incurred following a strike by its pilots as being in the region of EC $7 million. The figure was quoted by the acting Chief Executive Officer (CEO) Julie...