November 16, 2018

Grenada prime minister wants IMF agreement by May

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From Caribbean360 ST. GEORGE’S, Grenada, CMC – Prime Minister Dr. Keith Mitchell says the international Monetary Fund (IMF) is likely to meet and approve the island’s “Home Grown Structural Adjustment Programme” next month. Mitchell, who has returned here from Washington, where he attended the annual meetings of the IMF and the World Bank, told reporters […]

Opposition legislator critical of amendment to Grenada Citizenship by Investment legislation

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From Caribbean360 Raymond Roberts, who represents the labour movement in the Senate said that the amendments were “ill-advised” ST. GEORGE’S, Grenada, CMC – An opposition legislator has accused the Grenada government of amending the Citizenship by Investment Act so as to legitimise its approach to doing business in the “dead of the night”. Raymond Roberts, […]

OAS digitalizes and catalogues 2.5 million vital statistics records in six Eastern Caribbean countries

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From Curacao Chronicle WASHINGTON, USA — The Organization of American States (OAS), through its Universal Civil Identity Program in the Americas (PUICA), has completed a project to assist the civil registries in Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, Saint Lucia and St Vincent and the Grenadines to digitalize vital statistical information. PUICA […]

IMF reaches ‘staff-level’ agreement with Grenada

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By Nelson A. King from Caribbean Life The International Monetary Fund (IMF) says its staff and Grenadian authorities have reached a “staff-level” agreement on a program that can be supported by a three-year Extended Credit Facility (ECF) arrangement in the amount of about US$21.9 million or 120 percent of Grenada’s quota. The Washington-based financial institution […]

CARICOM expresses support for Britain’s airline passenger tax reform

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From Caribbean360 CARICOM Secretary General Irwin La Rocque said that the tax had in the past negatively affected the region’s tourism sector and the realignment to a simpler and fairer two-band system is in keeping with the proposals advanced by the Community. GEORGETOWN, Guyana, Thursday March 20, 2014, CMC – The Caribbean Community (CARICOM) Secretary […]

iNews Briefs

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Cayman & Caribbean’s biggest water provider reports drop in 2013 profit By Randall Hackley From Bloomberg Consolidated Water Co. (CWCO), the largest publicly traded water provider in the Caribbean, reported a 7.7 percent drop in profit last year as retail sales declined at its Cayman Islands base. Net income for 2013 was $8.6 million compared […]

iNews Briefs

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Don’t keep sending us unskilled Caymanians says Chamber boss Cayman Islands Chamber of Commerce President Johann Moxam said at the opening of the Chamber’s careers and training expo Friday (14) said, “Caymanians and local residents who are registered with the National Workforce Development Agency are sometimes sent to their businesses without the skills required to […]

Caribbean cannot afford to be without RSS, says Barbados PM

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By Sharon Austin From Caribbean News Now Bridgetown, Barbados (BGIS) — Barbados Prime Minister Freundel Stuart has underscored the importance of the Regional Security System (RSS), describing it as an organisation the Caribbean “cannot afford to be without”. Stuart expressed this view on Friday while delivering remarks at a one-day RSS Council of Ministers meeting, […]

Grenada government unable to pay arrears owed to public servants

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From Caribbean360 ST. GEORGE’S, Grenada, Friday February 28, 2014, CMC – The Grenada government says it will not be able to pay as schedule the EC$12 million (One EC dollar = US$0.37 cents) in retroactive payment to public servants. A government statement said that while the process of preparation for payment is almost completed, the […]

Grenada marks 40 years of independence

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By Larry Luxner From Baltimore Post-Examiner U.S. Army Rangers parachute into Grenada during Operation Urgent Fury, October 25 1983. Grenada, which in October marked the 30th anniversary of the U.S. invasion that overthrew the island’s Marxist regime, celebrated the 40th anniversary of its independence on Feb. 7. Back in 1983, President Ronald Reagan had feared […]