CARICOM
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Barbados lauded by IMF on economic reform: CARICOM BUSINESS
Barbados has been lauded for its implementation of its economic reform program, while expanding critical investments in social protection. That the result of an IMF staff visit via videoconferencing between August 25-28, 2020, to discuss implementation of Barbados’ Economic Recovery and Transformation (BERT) plan. The Fund noted that all indicative targets for end-June under the EFF were met, with reserves…
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CARICOM congratulates Trinidad and Tobago on its 58th Independence Anniversary
The Caribbean Community (CARICOM) has extended congratulations to the Government and People of Trinidad and Tobago on its fifty-eighth Anniversary of Independence, praising the country’s role in regional integration. “Trinidad and Tobago, one of the founding Members of the Community, has maintained its leadership role in advancing the integration movement, including through its leadership on regional security and energy issues,”…
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Guyana waives all banking charges for the rest of 2020: CARICOM BUSINESS
The Government of Guyana has announced measures geared towards easing the financial burden on citizens in the wake of the COVID-19 pandemic. According to newly appointed President, Dr Irfaan Ali an agreement has been reached with the local banking sector to extend the moratorium on loan payments until the end of the year and to cut interest rates. “Commercial banks…
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CARICOM SG congratulates Trinidad and Tobago’s re-elected Prime Minister Dr. Keith Rowley
CARICOM Secretary-General Ambassador Irwin LaRocque has congratulated Trinidad and Tobago’s Prime Minister Dr Keith Rowley on his victory in the General Elections of 10 August 2020. Dr Rowley and his Cabinet were sworn into office yesterday. The Secretary-General also congratulated the people of Trinidad and Tobago on the conduct of the elections under the difficult circumstances occasioned by the COVID-19…
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CARICOM Leaders prepare for Hurricanes amid COVID-19 Pandemic
Heads of Government of the Caribbean Community (CARICOM) have received proposals for dealing with the possibility of responding to a hurricane within the COVID-19 outbreak. At their 11th Special Meeting held by video conference on Monday 17 August, the Heads of Government recognised that such an occurrence would add a significant layer of complexity and would have an impact on…
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Fifty-nine percent of business contemplate closure – JMEA Survey: CARICOM BUSINESS
Some 59% of Jamaican businesses have been considering temporary or permanent closure of business. That is one of the findings of a Jamaica Manufacturers and Exporters Association (JMEA) Productive Sector COVID-19 Impact Survey conducted April 28 to May 22, 2020. The responses were garnered from the JMEA’s membership base. In making the disclosure at a Private Sector Organisation of Jamaica…
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Former Barbados Prime Minister Owen Arthur to be buried today
The funeral for former Barbados Prime Minister Owen Arthur takes place today in his native Barbados. Mr Arthur who served as Prime Minister from 1994 to 2008 – the longest in the country’s history – died on 27 July 2020 at the age of 70. A State Funeral will be held today from 2:00 p.m. and the Barbados Government has…
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Guyana and Suriname to review protocols for reopening of border
DPI, Guyana – The governments of Guyana and Suriname are set to collaborate on protocols that could see the return of normalcy in business and trade, even as the countries continue the tackle the ongoing Coronavirus pandemic. President of the Cooperative Republic of Guyana, His Excellency, Mohamed Irfaan Ali, said the pandemic and the reopening of the Guyana/Suriname border, were…
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USA cautions against CARICOM travel, not so says UK: CARICOM BUSINESS
All CARICOM Member States except Dominica have been accorded a Category 3 status by the USA, thereby warning its citizens, a major source of visitor arrivals to the Region, to avoid non-essential travel to the destinations, as the risk of COVID infection is high. For Dominica no health and travel guidance was issued. In the meantime, England has designated 10…
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CARICOM coordinates provision of essential COVID-19 supplies for Member States
Amid global challenges by small states accessing COVID-19 essential medical supplies, CARICOM Member States have received a significant donation from the World Health Organisation, the Jack Ma Foundation and the United Arab Emirates (UAE). The supplies, worth over US700,000, arrived just over a week ago in Barbados – the home base of the Integrated Regional Logistical Hub, operated by the…
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