UK provides US$7.8 million to IMF for Caribbean development
From Jamaica Observer WASHINGTON, DC, USA (CMC) — The United Kingdom’s Department for International Development (DFID) has become the first development partner to participate in the new five-year phase (2017-22) of the International Monetary Fund’s (IMF) Regional Technical Assistance Centre…
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Sir Ronald Sanders: IMF-World Bank meetings: A rare opportunity
By Sir Ronald Sanders From Caribbean News Now The October meetings this year of the World Bank (WB) and the International Monetary Fund (IMF) in Washington DC present a rare opportunity for Caribbean government representatives to be heard by crucial…
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Sir Ronald Sanders: Where has fight in developing countries gone?
By Sir Ronald Sanders The ease with which developed countries appoint heads of international and multi-national organisations (sometimes in the guise of an election) is not their achievement alone; it is also the fault of developing countries that let them….
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Sir Ronald Sanders: IMF double standards
By Sir Ronald Sanders From Barbados Today The International Monetary Fund (IMF), which has tormented small Caribbean economies for five decades with austerity measures and fierce conditionalities, has been exposed as adopting utterly different standards towards Europe, especially the countries…
IMF concludes consultation with St Vincent and the Grenadines
From Caribbean News Now WASHINGTON, USA — On July 13, the executive board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation with St Vincent and the Grenadines. St Vincent and the Grenadines’ recovery from the global…
Banks abandon the Caribbean, local bitcoin exchange experiences 33% increase in users every month since February
By Luke Parker from Brave New Coin Smaller, poorer countries are being abandoned by big banks in an exodus commonly referred to as “de-risking” or “de-banking.” In the Caribbean, where many small countries with poorer populations reside close to each other,…
IMF projects further contraction of Trinidad and Tobago economy this year
From Jamaican Gleaner WASHINGTON (CMC): The International Monetary Fund (IMF) says Trinidad and Tobago’s output has continued to shrink while declines in global energy prices are leading to surging fiscal deficits and are pushing the external current account of the…
IMF approves US$2.8 million disbursement to Grenada
From Caribbean News Now WASHINGTON, USA — On Wednesday, the executive board of the International Monetary Fund (IMF) concluded the Article IV consultation with Grenada and the fourth review of Grenada’s performance under a program supported by a three-year arrangement…
IMF warns St Kitts-Nevis to brace for potential drop in citizenship investment
By LK Hewlett From Caribbean News Now BASSETERRE, St Kitts (WINN) — The International Monetary Fund has once again warned St. Kitts and Nevis against relying on revenue from its citizenship by investment (CBI) program. A team from the IMF,…
IMF reports mixed outlook for Latin American, Caribbean economy
From Shanghai Daily MEXICO CITY, April 28 (Xinhua) — The International Monetary Fund (IMF) Wednesday predicted a 0.5 contraction in the GDP growth of Latin American and Caribbean region for 2016, marking the first time for the area to see…
