News
IMF Approves $10.16 Million Disbursement for Antigua and Barbuda
Above: St John’s (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $10.162 million disbursement to Antigua and Barbuda, following the completion of its eight and ninth reviews of the country’s economic performance […]
Jamaica's IMF Loan Rises to $958 Million; Board to Decide This Month
Above: Kingston (CJ Photo) By the Caribbean Journal staff A proposed 48-month funding arrangement under the Extended Fund Facility for Jamaica would total $958 million, according to the International Monetary Fund. That number is significantly higher than the $750 million […]
IMF: Trinidad and Tobago's Economy to Grow 1.5 Percent in 2013
Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago’s economy is projected to grow by around 1.5 percent in 2013, according to the International Monetary Fund, which concluded an Article IV mission to the country this week. […]
News
Multilaterals Begin Discussions of Jamaica's IMF Deal in Washington
Above: the World Bank’s headquarters in Washington By the Caribbean Journal staff The World Bank, the International Monetary Fund and the Inter-American Development Bank have begun talks on their potential commitments for Jamaica’s IMF programme, Finance Minister Dr Peter Phillips […]
Trinidad Energy Ministry, International Monetary Fund Hold Talks
Above: the meeting in Port of Spain By the Caribbean Journal staff Trinidad and Tobago Energy Minister Sen. Kevin Ramnarine held discussions Monday with officials from the International Monetary Fund as part of the organization’s Article IV Consultation. The aim […]
IMF: St Lucia to See Pick-Up in Agriculture, Tourism in 2013
Above: St Lucia By the Caribbean Journal staff Following a period of “anemic” activity since the beginning of the downturn, economic activity in St Lucia is poised to “regain some momentum in 2013,” according to the International Monetary Fund, which […]
Op-Ed: What’s Wrong With Jamaica’s International Monetary Fund Deal
By Kent Gammon Op-Ed Contributor JAMAICA JOINED the International Monetary Fund (IMF) in 1963. At that time, Jamaica had positive international net reserves of US$115.8 million falling by 1976 to negative net international reserves of $435.5 million. In 1976, Jamaica […]
Jamaica, IMF Reach $750 Million Staff-Level Agreement
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has reached its long-awaited agreement with the International Monetary Fund, the organization announced in a statement Friday. The staff-level agreement is on the key elements of an economic programme that […]
