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Barbados and IMF reach staff level agreement: CARICOM BUSINESS
The IMF and Barbados have reached a staff-level agreement on the completion of the fifth review under the EFF arrangement, which was conducted virtually between May 3-7, 2021. According to the IMF, the economy remains severely depressed by the ongoing global pandemic with tourism operating at a fraction of normal levels. Economic growth for 2021 is premised on a modest…
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CARICOM Foreign Ministers engage US National Security Adviser
Foreign Ministers of the Caribbean Community (CARICOM) engaged with US National Security Advisor, Mr. Jake Sullivan on Friday 7 April. The discussions, in which the Prime Minister of St Vincent and the Grenadines, Dr the Honourable Ralph Gonsalves participated, were viewed as introductory as well as an opportunity to exchange views on issues of mutual interest. Emphasis was placed on…
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Twenty-Fourth Meeting of the Council for Foreign and Community Relations (COFCOR), Virtual, 6-7 May 2021 – COMMUNIQUE
The Twenty-Fourth Meeting of the Council for Foreign and Community Relations (COFCOR) of the Caribbean Community (CARICOM) was held virtually on the 6-7 May 2021, under the Chairmanship of the Honourable Eamon Courtenay, Minister of Foreign Affairs of Belize. The COFCOR was attended by Honourable E. P. Chet Greene, Minister of Foreign Affairs, Immigration and Trade of Antigua and Barbuda;…
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Remarks by the Secretary-General: Twenty-Fourth Meeting of COFCOR
REMARKS BY the SECRETARY-GENERAL OF THE CARIBBEAN COMMUNITY (CARICOM) AMBASSADOR IRWIN LAROCQUE ON THE OCCASION OF THE TWENTY-FOURTH REGULAR MEETING OF THE COUNCIL FOR FOREIGN AND COMMUNITY RELATIONS (COFCOR) Via videoconference 6-7 MAY 2021 Honourable Eamon Courtenay, Minister of Foreign Affairs of Belize, and Chairman of the Council for Foreign and Community Relations (COFCOR); His Excellency Dr. Claude Joseph, Prime…
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Dr. Gene Leon takes office as CDB President
Dr Hyginus ‘Gene’ Leon today took office as President of the Caribbean Development Bank (CDB), becoming the sixth chief executive of the regional multilateral institution. The seasoned economist will lead a team of more than 200 employees headquartered in Bridgetown, Barbados. He comes to the assignment with 35 years of experience in economics, financial policy development and executive management, more than…
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The Bahamas turns to the private sector to drive investment: CARICOM BUSINESS
The Bahamas will shortly select a private group to establish a new statutory body, Invest Bahamas – an independent statutory body that would facilitate the investment process from conception to implementation. The Finance Ministry is reviewing at least 7 bids received in response to a recently closed Request for Proposals (RFP). According to the RFP, Invest Bahamas would be, “a…
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United Nations General Assembly adopts resolution in “Solidarity with and support for the Government and people of Saint Vincent and the Grenadines, as well as neighbouring countries affected by the impact of the eruptions of the La Soufriere Volcano”
On Wednesday 28 April, Her Excellency Carolyn Rodrigues-Birkett, Permanent Representative of Guyana to the United Nations and Chair of the CARICOM Caucus, introduced in the General Assembly of the United Nations a resolution entitled “Solidarity with and support for the Government and people of Saint Vincent and the Grenadines, as well as neighbouring countries affected by the impact of the…
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CARICOM and ACS Secretaries-General meet
CARICOM Secretary-General Ambassador Irwin LaRocque on Friday received a courtesy call from new Secretary-General of the Association of Caribbean of States (ACS) Mr Rodolfo Sabonge. Mr Sabonge, a native of Panama, became the 7th Secretary-General of the ACS in November last year, taking over from Saint Lucian Dr. June Soomer. The ACS is Headquartered in Port of Spain, Trinidad and…
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New measures in TnT as COVID-19 cases increase
OPM, Trinidad and Tobago – Prime Minister Dr the Hon Keith Rowley made several adjustments to the existing Public Health Regulations due to the increased number of positive COVID-19 cases in Trinidad and Tobago. Dr Rowley made the announcements at a media conference held at the Victor E. Bruce Complex, Division of Finance and the Economy in Tobago, Thursday 29th…
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Volcano affected SVG also hit by flooding
CDEMA – The National Emergency Management Organization (NEMO), St. Vincent and the Grenadines reported that flooding and landslides have occurred in several areas on mainland St. Vincent as a result of heavy rainfall. ● The Red Zone is likely to be impacted by mudflows as ash deposits are thickest in these areas and the absence of trees means that all…
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