PARIS – The Barbados-based Caribbean Development Bank (CDB) is advancing a US$200 million first-loss portfolio guarantee with the government of Canada, which once finalised, is expected to unlock at least US$400 million in additional lending capacity by reducing credit risk on the bank’s balance sheet.

GEORGETOWN, Guyana – The Guyana Power and Light Inc. (GPL) has threatened to take legal action against the construction company, China Railway First Group (Guyana) if it does not pay up GY$30.6 million in losses from last Sunday’s more than four-hour long power outage that affected thousands of customers across the country.

KINGSTOWN, St.  Vincent – The International Monetary Fund (IMF) says while St. Vincent and the Grenadines’ economy has demonstrated resilience in the face of repeated shocks, vulnerabilities remain significant.

KINGSTON, Jamaica – Six months after the passage of  Hurricane Melissa, , hundreds of Small and Micro Enterprises (SMEs) are recovering their livelihoods and markets, while thousands of community residents are benefitting from restoration of commerce and paid debris clearance programmes, under the United Nations Development Programme’s (UNDP) Jamaica Resilient Recovery Initiative (JARRI).

KINGSTON, Jamaica - Jamaica's government has announnced that a four-member committee has been appointed to search for a new governor of the Bank of Jamaica (BOJ), who will succeed Richard Byles on the completion of his term of appointment in August 2026

KINGSTOWN, St. Vincent – Prime Minister Dr Godwin Friday says his government will use a rules-based strategy to tackle St. Vincent and the Grenadines mounting debt and fragile fiscal position.

BELMOPAN, Belize – Prime Minister John Briceño says while there is no “immediate threat” to Belize’s fuel supply, the country cannot remain immune from the high oil prices on the global market.

BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) Friday said economic performance across the Caribbean remained subdued in 2025 as global uncertainty, climate shocks, and domestic structural challenges weighed on growth.

PORT OF SPAIN, Trinidad - The Trinidad and Tobago government says it remains optimistic that it will restart the state-owned Petrotrin oil refinery that had been shut down by the Keith Rowley administration in 2018 because of outstanding debts totalling billions of dollars.

NASSAU, Bahamas – Prime Minister Phillip Davis, Friday, said that the country has a clear roadmap to manage trade more strategically and to improve the competitiveness of Bahamian businesses.

BELMOPAN, Belize – The Central Bank of Belize says it has signed a contract with the United States-based  Montran Corporation for the design and implementation of Belize’s Instant Payment System (IPS).

PORT OF SPAIN, Trinidad – The state-owned Caribbean Airlines Limited (CAL) says it has signed a collective agreement with the Trinidad and Tobago Airline Pilots Association (TTALPA)  covering the period September 1, 2020, to August 31, 2023.