IMF agreement unlikely by month-end, says Golding

KINGSTON, Jamaica - Former Prime Minister Bruce Golding said the International Monetary Fund (IMF) is unlikely to approve an extended fund facility for Jamaica by the end of March based on the schedule of the executive board. Golding said it is "a matter of concern" that the IMF updated its executi...
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Jamaica developing national budget with IMF programme in mind

KINGSTON, Jamaica, CMC – The Jamaica government says it has agreed on the upcoming national budget in keeping with a programme being worked out with the International Monetary Fund (IMF). A statement issued at the end of the first day of the Cabinet retreat, said that the Portia Simpson Mille...
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Economist: Wrong measures

BRIDGETOWN, Barbados - Claiming to be bemused by the 2013 Estimates of Revenue and Expenditure, economist Ryan Straughn says the Government is not willing to take advice and has failed to take the necessary measures to take Barbados on a growth path. Pointing to what he predicts will be a hist...
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Haiti to open consulate in Suriname

PARAMARIBO, Suriname, CMC - In a bid to strengthen bilateral relations with Suriname the Government of Haiti will be opening a consulate here. Haitian President Michel Martelly who arrived in Suriname on Friday for a two day official visit made the announcement at a meeting in Jarikaba. “Bef...
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US report: Antigua still facing money laundering risk

WASHINGTON, United States—The United States says despite recent improvements as a “significant” offshore centre, Antigua and Barbuda “remains susceptible” to money laundering. In its 2013 International Narcotics Control Strategy Report on money laundering and financial ...
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Dengue costs Caribbean US$321m a year

PORT OF SPAIN, Trinidad - The fight against dengue, which is spread by the Aedes Egypti mosquito, costs the Caribbean a whopping US$321 million per annum. Prof Christine Carrington revealed this figure in her professorial inaugural lecture at Noor Hassanali auditorium, Faculty of Law, St Augustine C...
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Hope for agreement?

BRIDGETOWN, Barbados - IF ever there is a puzzle between Barbados and Trinidad and Tobago, it has to do with the exceptionally long delay for the two countries to conclude a fishing agreement. Is it likely therefore that that there will ever be one? Last week the Prime Minister Freundel Stuart spoke...
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Export-led growth? Who will lead in the Caribbean?

GEORGETOWN, Guyana - A huge burden is presently placed on the private sector in the Caribbean.   In the midst of steady economic decline of many Caribbean countries, governments have turned to the private sector to continue to earn foreign exchange, to keep down prices for goods and servic...
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Haiti president seeks UN funds to rebuild country

GEORGETOWN, Guyana -- Haiti President Michel Martelly has urged the United Nations to divert some of the billions of dollars it spends yearly on peacekeeping efforts to infrastructure projects, job creation and poverty alleviation. Officials need to think about sustainable development instead of se...
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CCJ right court for region

BRIDGETOWN, Barbados - The Caribbean Court of Justice (CCJ) wrapped up the Barbados leg of the Shanique Myrie case here during the past week and in the process completed a major demonstration of why this institution has become a critical part of our regional jurisprudence. The Myrie case is of cour...
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