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IMF working paper examines energy investments in the Caribbean
From Jamaica Observer WASHINGTON, United States (CMC) – Caribbean countries where fiscal vulnerabilities remain acute, like Antigua and Barbuda, Dominica and St Lucia, are not well-positioned to finance energy investments through public resources, since these might derail necessary fiscal adjustment…
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“Cuba opening up is a fantastic thing for the Caribbean” – Chastanet
By Miami Herald From St Lucia News Online MIAMI HERALD – You might think other Caribbean tourism destinations would be ready to flip their sandals as Cuba’s tourism numbers continue to climb. International visitors to Cuba last year rose by…
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IMF projects improved growth for Caribbean in 2017
From WINN St. Kitts and Nevis (WINN): The International Monetary Fund, IMF, is projecting moderate growth for the Caribbean for 2017. According to Alejandro Werner, Director of the Western Hemisphere Department, the most recent world economic outlook suggests that prospects…
IMF chief found guilty in Paris trial
By LK Hewlett WINN From Caribbean News Now PARIS, France (WINN) — Managing director of the International Monetary Fund (IMF) Christine Lagarde was found guilty of negligence with public money in a French court on Monday in connection with an…
IMF Chief Lagarde goes on trial
By LK Hewlett WINN From Caribbean News Now PARIS, France (WINN) — The first female managing director of the International Monetary Fund (IMF), Christine Lagarde, went on trial on Monday in a French court for alleged misuse of public funds….
IMF committed to assisting Caribbean countries address challenges, says deputy MD
By LK Hewlett From Caribbean News Now PORT OF SPAIN, Trinidad (WINN) — The International Monetary Fund (IMF) has re-affirmed its commitment to working with Caribbean nations in addressing the challenges that stand in the way of securing strong, inclusive…
IMF official at Caribbean Forum: Losses and gains from low oil prices
From Trinidad & Tobago Guardian IMF Deputy Managing Director Tao Zhang yesterday warned that low oil prices have major implications for the Caribbean. In the opening address at the Caribbean Forum, jointly hosted by the IMF and the T&T Government…
Global and Regional Challenges to Caribbean Economic Development – 2016 High Level Caribbean Forum on Shifting Tides: Challenges and Opportunities
By Tao Zhang, IMF Deputy Managing Director From International Monetary Fund November 2, 2016 Introduction Honorable Prime Ministers, Ministers, Central Bank Governors, friends and colleagues, good morning. On behalf of the International Monetary Fund, I am honored and pleased to…
IMF needs to provide more support to Guyana, other Caribbean economies – Finance Minister
From Kaieteur News The Guyanese economy and those of Caribbean member states are currently facing a number of external shocks. However, to help those nations navigate through these trying times, Finance Minister Winston Jordan is of the view that the…
IMF praises Eastern Caribbean for tackling correspondent banking issues
By Ivan Cairo From Caribbean News Now WASHINGTON, USA — As the International Monetary Fund (IMF) wrapped up its annual meeting in Washington, DC, this weekend, managing director Christine Lagarde praised the Eastern Caribbean on its effort to address problems…
