Bahamas set to launch e-currency in October: CARICOM BUSINESS

The Bahamas is set to become the world’s first country to launch a sovereign digital currency next month. After piloting the so-called Sand Dollar on the islands of Exuma and Abaco last December, the central bank will roll out the e-currency nationwide in October. Officials say it will make digit...
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CARICOM SG holds fruitful discussions with US Secretary of State

Secretary-General of the Caribbean Community (CARICOM) Ambassador Irwin LaRocque had fruitful discussions with United States Secretary of State Mr Michael Pompeo at the CARICOM Secretariat Headquarters, Turkeyen, Guyana on Friday 18 September. The discussions included exchanges on the Covid-19 Pa...
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CARICOM SG meets US Secretary of State

CARICOM Secretary-General Ambassador Irwin LaRocque met US Secretary of State Mike Pompeo at the CARICOM Secretariat Headquarters, Georgetown, Guyana on Friday 18 September 2020. Here are photos of that visit: https://www.flickr.com/photos/caricomorg/albums/72157716019728136...
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Haiti receives US$7.45-M pay-out from CCRIF: CARICOM BUSINESS

CCRIF SPC on September 7, disbursed approximately US$7.2m to the Government of Haiti on its Excess Rainfall (XSR) parametric insurance policy following the passage of Tropical Cyclone Laura. According to CCRIF SPC, Haiti also received a pay-out of US$290,925 under the Aggregate Deductible Cover (...
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Jamaica: Remittances rebound in June: CARICOM BUSINESS

Money transfers to Jamaica are projected to have grown 14.1% for the June quarter, reflecting a recovery from the initial onslaught of the COVID-19 pandemic, based on Bank of Jamaica, BOJ, preliminary estimates. For the month of June alone, remittances were up 42%, the central bank governor said ...
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Barbados lauded by IMF on economic reform: CARICOM BUSINESS

Barbados has been lauded for its implementation of its economic reform program, while expanding critical investments in social protection. That the result of an IMF staff visit via videoconferencing between August 25-28, 2020, to discuss implementation of Barbados’ Economic Recovery and Transform...
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