caricom newsletter
-
ECCU stock of international reserves jump 12.1%: CARICOM BUSINESS
The Eastern Caribbean Central Bank (ECCB) says monetary conditions within the Eastern Caribbean Currency Union (ECCU), “remain accommodative”. “Monetary and credit conditions improved during the first half of 2022, with growth in private sector credit being positive,” the ECCB said, noting that the ECCU’s stock of international reserves expanded to a level 12.1% higher than pre-pandemic levels. At the end…
Read More » -
The Bahamas to enable payment of taxes by digital assets: CARICOM BUSINESS
The Government of the Bahamas will this year enable the access of Bahamians to digital assets using Bahamian dollars, and enable the payment of taxes using digital assets. In tabling a policy white paper on the future of $3 trillion digital of digital assets global market in The Bahamas, Prime Minister Philip Davis, is promising to transform The Bahamas into…
Read More » -
St. Kitts and Nevis launches $15M income support programme: CARICOM BUSINESS
St. Kitts and Nevis is implementing another round of income support for residents who became redundant in March 2020 and remain unemployed because of the global COVID-19 pandemic. Prime Minister Dr Timothy Harris announced the $15 million, 2021 Income Support Programme on July 08. Under the programme qualified applicants will receive “a monthly stipend of $1,000” which will be paid…
Read More »