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Jamaica opens fiscal year with cash reserves of $90 billion: CARICOM BUSINESS
Jamaica’s Finance and the Public Service Minister, Dr Nigel Clarke, says the island opened the 2020/21 fiscal year with cash reserves of approximately $90 billion, or more than 4% of GDP. Clarke attributed this was to the policy of amassing the country’s cash reserves to pay down debt. This resulted in Jamaica’s ability to finance a 3.5% fiscal deficit without…
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CARPHA Statement on the Brazil Variant (P.1)
Given the nature of the virus (SARS-CoV-2) that causes COVID-19, variants are likely to emerge and several have emerged all over the world. Variants are a natural part of viral infection and replication. In this regard, the emergence of SARS-CoV-2 variants that cause COVID-19, such as Brazil, UK and South African variants, is normal and expected. Some variants have been reported…
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Regional Public Health Practitioners to Benefit from Clinical Management of HIV Course
Friday, 12 March 2021 (PANCAP Coordinating Unit, CARICOM Secretariat): The Pan-Caribbean Partnership against HIV and AIDS (PANCAP), the mechanism that provides a structured and unified approach to the Caribbean’s response to the HIV epidemic, is facilitating an exciting educational and capacity building opportunity for Public Health practitioners working in the Region’s HIV response. PANCAP is providing financial support for twenty (20)…
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Update from the Caribbean Public Health Agency on COVID-19 Vaccines and Variants
The Caribbean Public Health Agency is aware that some countries in the European Union have suspended their AstraZeneca vaccination campaign, as a result of reports of rare blood coagulation disorders in people who had received the vaccine. This was done as a precautionary measure while a full investigation is conducted into the reports. At present, it cannot be determined whether…
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CARICOM SG congratulates new Turks and Caicos Islands Premier
CARICOM Secretary-General Ambassador Irwin LaRocque has congratulated the Premier of the Turks and Caicos Islands Hon Charles Washington Misick and his Progressive National Party (PNP) on their resounding victory in the Territory’s recent General Elections. The Secretary-General also commented the citizens of the Territory for their determination to participate in the polls despite the on-going challenges of the COVID-19 pandemic.…
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CARICOM Youth Ambassadors observe International Women’s Day
Message from the CARICOM Youth Ambassadors Programme on International Women’s Day, March 8th 2021 Message by Mr. Yakub Nestor, CARICOM Youth Ambassador, St. Lucia The COVID-19 pandemic has erased decades of progress towards gender equality. From high job losses to exploding burdens of unpaid care, from disrupted schooling to an escalating crisis of domestic violence and exploitation, women’s lives have…
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Loan market hits trillion-dollar mark in Jamaica
Outstanding banks loans in Jamaica hit a new record of $1 trillion at the end of 2020, but non-performing loans (NPL) loans grew by more than 40%. Total loans across the banking system increased by 9%, from $915 billion to just over $1.03 trillion at the end of December, but grew by 17% in 2019. In its Quarterly Monetary Policy…
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International Women’s Day – Secretary-General’s Message
MESSAGE FROM AMBASSADOR IRWIN LAROCQUE, SECRETARY-GENERAL, CARIBBEAN COMMUNITY, ON THE OCCASION OF INTERNATIONAL WOMEN’S DAY 8 March 2021 On 8 March 2021, the Caribbean Community (CARICOM) joins the rest of the world in celebrating International Women’s Day, a special observance that was adopted by the United Nations 46 years ago in 1975, during International Women’s Year. The annual celebration…
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Agreement reached on administration of 2021 regional examinations
In recognition of the challenges posed by the COVID-19 pandemic to the education sector, candidates registered for CAPE®, CSEC® and CCLSC® will sit these Exams during the period June/July 2021. Ministries of Education will receive the results in the last week of September. CARICOM Ministers of Education reached those and other critical agreements for the Administration of the 2021 CAPE…
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PANCAP launches Social Contracting Toolkit to boost HIV Response during COVID-19
(PANCAP Coordinating Unit, CARICOM Secretariat): The Pan-Caribbean Partnership against HIV and AIDS (PANCAP), the mechanism that provides a structured and unified approach to the Caribbean’s response to the HIV epidemic, officially launched a toolkit for social contracting during a virtual event attended by key stakeholders from the Region’s HIV response including Government, civil society organisations (CSOs) and the CARICOM Secretariat.…
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