Respected Caribbean economist Jeremy Stephen praised the U.S. Virgin Islands Government’s recent efforts to correct the fiscal imbalances that have challenged its treasury for successive administrations. Stephen, who has been reviewing the financial outlook of the U.S. Virgin Islands in light of Puerto Rico’s financial challenges,...
[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...
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...
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...
[caption id="attachment_4308" align="alignright" width="300"] Barbados Prime Minister Freundel Stuart[/caption] BRIDGETOWN, Barbados (CMC) — Barbados Prime Minister Freundel Stuart says to describe the export of Caribbean nationals to countries across the world as a brain drain “is to see the glass as half-empty”. “I have never seen the...