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IMF to augment EFF facility for Barbados by US$66 million: CARICOM BUSINESS
The IMF has announced that all quantitative targets for endSeptember under the Extend Fund Facility (EFF) with Barbados were met. It further advised that the programme target for Net International Reserves was met by a wide margin exceeding US$1 billion. Those were the findings of the virtual EFF review mission between October 26 – 30, 2020. Barbados is now targeting…
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CARICOM congratulates Antigua/Barbuda on its 39th Independence Anniversary
The Caribbean Community (CARICOM) has congratulated Antigua and Barbuda on its thirty-ninth Anniversary of Independence, to be observed on 1 November 2020 under the theme ‘One Purpose, One Vision, One Nation’. “Antigua and Barbuda has made remarkable progress in those 39 years, which is the result of hard work by a resolute people in their quest for growth, sustainable development…
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Communique issued at the conclusion of the Forty-First Meeting of the Conference of Heads of Government of the Caribbean Community, via Videoconference, 29 October 2020
The Forty-First Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) was held virtually on 29 October 2020. The Prime Minister of St. Vincent and the Grenadines, Dr. the Honourable Ralph Gonsalves, chaired the proceedings. Other Members of the Conference in attendance were: Prime Minister of Antigua and Barbuda, Honourable Gaston Browne; Prime Minister of…
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Virtual Panel Discussion to launch CARICOM Energy Month
Friday, 30 October 2020 | Bridgetown, Barbados – The fifth observance of CARICOM Energy Month (CEM) will be launched on 2 November under the theme ‘A RE-silient Community: Energy at the Centre’. Each November, the spotlight is placed on energy as part of efforts to raise awareness of what is occurring in the region as well as to increase general…
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St. Vincent and the Grenadines to assume Presidency of the United Nations Security Council
Ministry of Foreign Affairs, Kingstown – On November 1, 2020, St. Vincent and the Grenadines will assume the presidency of the United Nations Security Council (UNSC) for one month ending November 30, 2020. This is SVG’s first and only presidency during the country’s stint on the council and forms part of the SVG’s responsibility as a non-permanent member. St. Vincent…
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Jamaica: Preliminary Estimate of Damage Caused by Heavy Rains Set at $2 Billion
Prime Minister, the Most Hon. Andrew Holness, has informed that the preliminary estimate for the damage caused by the heavy rains that lashed the island recently is close to $2 billion. “The estimate for flood damage included in the report that has been presented by the National Works Agency (NWA) is preliminary, as the agency is unable to access all…
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CARICOM Heads of Government to tackle pressing issues at Meeting on Thursday
COVID-19 and its impact on the Caribbean Community will be among matters for consideration by CARICOM Heads of Government when they meet via video-conference on Thursday 29 October 2020. This Forty-first Regular Meeting of CARICOM Heads of Government is expected to examine the health, financial and economic development implications of the COVID-19 pandemic. The discussions will follow the Special Emergency…
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CARICOM congratulates St. Vincent and the Grenadines on 41st Independence Anniversary
The Caribbean Community (CARICOM) has congratulated the Government and People of St. Vincent and the Grenadines on the country’s forty-first anniversary of Independence, which it celebrates on 27 October 2020. Secretary-General Ambassador Irwin LaRocque, in a congratulatory message to Vincentian Prime Minister Dr. Ralph Gonsalves, said that as an Independent nation, St. Vincent and the Grenadines has achieved global recognition…
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Stats News and Views
The Special Topic Statistical Bulletin on COVID-19 in CARICOM Countries Issue 31, provides an update of the trajectory of the COVID-19 in the CARICOM Region up to 23 October 2020. The Bulletin provides information on the pattern of the disease of the total number of confirmed cases, new cases and deaths for each country and the total for CARICOM. The…
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NCB & Republic Bank named among World’s Safest Banks: CARICOM BUSINESS
National Commercial Bank (NCB) Jamaica Limited and Republic Bank of Trinidad and Tobago are the only 2 banking institutions in the Region to be named in Global Finance’s list of the World’s Safest Banks in 112 countries. According to Global Finance, which is headquartered in New York with a circulation of 50,000 and readers in 191 countries, “The Safest Banks…
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