Newsletters
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S&P lauds Barbados’ post-COVID economic performance: CARICOM BUSINESS
International ratings agency Standard & Poor’s (S&P) has maintained its long and short-term credit ratings of B-/B with a stable outlook for the Barbados economy. “The stable outlook reflects our view that the COVID-19 pandemic will have a significant impact on Barbados’ economy and that the recovery will be more subdued than anticipated,” S&P said. The ratings agency pointed out…
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Special Topic Statistical Bulletin – COVID-19: Issue 33
The Special Topic Statistical Bulletin on COVID-19 in CARICOM Countries, Issue 33, provides an update of the trajectory of the COVID-19 in the CARICOM Region up to 6 November 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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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 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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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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T&T to revisit the energy fiscal regime: CARICOM BUSINESS
Prime Minister Dr Keith Rowley has announced that the T&T government will revisit the energy sector tax regime to ensure the country remains competitive. This in the wake of a recent study by the IDB said T&T’s fiscal regime for the energy sector is one of the most uncompetitive in the region. The Central Bank’s Energy Commodity Prices Index (ECPI),…
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Special Topic Statistical Bulletin – COVID-19 Issue 29, 9 October 2020
The Special Topic Statistical Bulletin on COVID 19 in CARICOM Countries Issue 29, provides an update of the trajectory of the COVID-19 in the CARICOM Region up to 9 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.…
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Jamaica lowers primary surplus target: CARICOM BUSINESS
Jamaica is further revising down Jamaica’s primary surplus target to 3.1% among other measures, to cover almost $17 billion in additional expenditure for the current fiscal year. According to Finance Minister Nigel Clarke preliminary numbers for the 6 months ending September 30, show that overall revenues were $8 billion or 3% than budgeted but 18.8% lower than the corresponding 6…
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Special Topic Statistical Bulletin on COVID-19 in CARICOM Countries
The Special Topic Statistical Bulletin on COVID 19 in CARICOM Countries Issue 28, provides an update of the trajectory of the COVID-19 in the CARICOM Region up to 2 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.…
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