May 10, 2024
IMF warns ageing population, climate change threaten’s favourable economic outlook
The International Monetary Fund (IMF) Wednesday said that while the economic outlook for St. Vincent and the Grenadines is “favourable” it however faces challenges from an ageing population and climate change. An IMF delegation, led by Nan Geng,…
May 10, 2024
Internal Audit Staff completes Leadership Training with Coached
The Office of the Chief Internal Auditor (OCIA) is pleased to announce that Ms. Abbigail Clarke (Senior Internal Auditor) has completed a one-on-one Leadership course. This course was facilitated by Mrs. Zena Dennis-Tucker from Coached. These…
April 30, 2024
Barbados economy grew by 4.1 per cent during first quarter of 2024
Governor of the Central Bank of Barbados (CBB), Dr. Kevin Greenidge Tuesday said the local economy is projected to remain on its growth trajectory throughout 2024, hinged on the continued expansion of tourism as well as private and public…
April 21, 2024
IMF predicts two per cent economic growth for Caribbean in 2024
The International Monetary Fund (IMF) says Latin America and the Caribbean (LAC) region has showed “quite a bit of resilience” and that the rebound from the coronavirus (COVID-19) pandemic has been stronger than previously expected. “We see…
April 15, 2024
Grenada to host Caribbean Investment Summit
Grenada will host the Caribbean Investment Summit in May that will allow delegates to discuss and explore the latest trends, share insights and forge strategic partnership within the Citizenship by Investment Programme (CBI) sector. “This year we…
April 7, 2024
RBC Bank says new measures are aimed at protecting customers from fraud
The Royal Bank of Canada (RBC) has confirmed the imposition of a US$500 daily automated teller machine (ATM) withdrawal limit saying it is intended to protect customers from fraud. In a statement, the financial institution aid also that it was…
March 28, 2024
St. Lucia government tables estimates of revenue and expenditure in parliament
Prime Minister Phillip J Pierre has presented the 2024-25 Estimates of Revenue and Expenditure to Parliament on Tuesday night, ahead of the policy presentation scheduled for April 23. Pierre told legislators that his administration had delivered…
March 5, 2024
Bitcoin price briefly tops $69,000 for new all-time high
The price of the world's largest cryptocurrency, Bitcoin, briefly hit a new all-time high of more than $69,000. It surpassed the previous record set in November 2021 - though by 2022 Bitcoin's value had sunk to $16,500.The new surge in price has…
March 5, 2024
Bahamas experiences growth in January according to Central Bank
The Central Bank of the Bahamas (CBB) says preliminary indications are that during January, the domestic economy sustained its growth momentum, although at a more tempered pace, with economic indicators returning closer to their expected medium-term…
March 4, 2024
New World Bank study identifies reforms to improve public spending in Belize
A new World Bank study has identified reforms to improve public spending in Belize, saying that the Caribbean Community (CARICOM) member-state could reduce government debt to below 50 percent of Gross Domestic Product (GDP) by undertaking reforms in…