SANTIAGO, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) is warning that the region continues to endure a prolonged period of low growth and that it is estimated that real Gross Domestic Product (GDP) will grow 2.2 per cent on average in 2025 and 2.3 per cent the following year, in line with the rates recorded in 2023 and 2024.
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GEORGETOWN, Guyana – The Guyana Manufacturing and Services Association (GMSA) Friday said it welcomed the decision of the United States President Donald Trump to reduce the reciprocal tariff rate applied to Guyanese exports from 38 to 15 per cent.
GEORGETOWN, Guyana – Guyana on Tuesday signed an agreement with the Dominican Republic to commence large-scale cocoa and coffee cultivation here.
WASHINGTON, DC – The International Monetary Fund (IMF) Tuesday predicted that economic growth in Latin America and the Caribbean is projected to slow to 2.2 percent in 2025 and recover back to 2.4 percent the following year.
ST. GEORGE’S, Grenada – Caribbean Community (CARICOM) Secretary General, Dr. Carla Barnett, Monday welcomed the AfriCaribbean Trade and Investment Forum (ACTIF) as a further demonstration of the collective commitment towards forging deeper trade, investment and economic cooperation as envisioned by Africana and Caribbean leaders four years ago.
ST. GEORGE’S, Grenada– Antigua and Barbuda Prime Minister, Gaston Browne, Monday, supported a call for the creation a commission that becomes fully responsible for delivering on the Africa-Caribbean and the broader Global Africa initiative.
BRIDGETOWN, Barbados – Japan is providing funding of US$2.9 million towards strengthening the fisheries sector in Barbados.
BRIDGETOWN, Barbados – The Governor of the Central Bank of Barbados, (CBB), Dr. Kevin Greenidge, Friday predicted that the Barbados economy is poised to maintain a robust growth trajectory through the rest of 2025 and into the medium-term.
ROSEAU, Dominicca – Dominica's economy is estimated to have grown by 3.5 percent last year and the projections are for the growth to continue in 2025 at a further 4.2 percent by the end of the calendar year, Finance Minister Dr. Irving McIntyre has said.
GEORGETOWN, Guyana – Guyana's government last Thursday signed a landmark Letter of Intent (LOI) with Silvania, a global natural capital investment platform, to pioneer new approaches to valuing and financing biodiversity.
ST. JOHN’S, Antigua – The Antigua and Barbuda government has condemned what it described as “bureaucratic tactics” being employed by shareholders of the Eastern Caribbean Amalgamated Bank (ECAB) to block the conversion of the government’s 25 percent preference shares into ordinary equity shares.
GEORGETOWN, Guyana – Guyana's government says it is working with Barbados to create a seamless trade and transport platform that could become a model for deepening the regional integration movement, CARICOM.
GEORGETOWN, Guyana – The Secretary General of the Caribbean Community (CARICOM), Dr. Carla Barnett, says the decision of the World Bank to place a value of approximately US$407 billion on the region’s ocean economy ‘represents a vast, untapped potential to catalyze economic growth, create jobs and foster prosperity for our citizens”.