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Grenada seeking to overhaul electoral system

ST. GEORGE’S, Grenada, CMC – Grenada is examining the possibility of establishing an Elections Boundaries Commission as it seeks to overhaul its electoral system, a senior government official has said.
Parliamentary Secretary for Information in the Office of the Prime Minister, Winston Garraway, said the pledge by the   Organization of American States (OAS) to provide financial and technical could be used by St. George’s to establish the commission as part of the  overhaul of the current administrative structure of the Parliament Elections Office.

Gov’t advised to plan for prolonged US impasse

ST JOHN’S, Antigua – Government is being advised, by two well-known economists, to begin making contingency plans to limit the impact that a prolonged impasse in the US could have on Antigua & Barbuda’s economy.
Regional economist McCarthy Marie and local economist and political analyst Carlon Knight agree that a prolonged US government shutdown coupled with a failure to lift the debt ceiling could spell big trouble for the region.

Bond withdrawal ‘will hurt’ island

BRIDGETOWN, Barbados - The unprecedented withdrawal of Barbados’ bond offer on the international financial market has serious implications for the financing of Government spending in the short term, the foreign reserves position in the medium term, and the country’s external debt servicing in the long term, says Opposition adviser on economic matters Clyde Mascoll.

Rambarran urges IMF to tackle Caribbean debt

debt PORT OF SPAIN, Trinidad - Central Bank Governor Jwala Rambarran has called on the managing director of the International Monetary Fund (IMF), Christine Lagarde to move quickly to address the debt challenges and low economic growth issues facing Caribbean countries.
Governor Rambarran made the call at the 2013 Caribbean Breakfast Meeting with Lagarde at the Annual Meetings of the World Bank Group International Monetary Fund, in Washington, DC yesterday morning.

Antigua and Barbuda launches Citizenship by Investment programme

ST. JOHN’S, Antigua, CMC – Antigua and Barbuda has launched its “Citizenship by Investment Programme” (CIP) with Prime Minister Baldwin Spencer saying the initiative is to generate investments and jobs for nationals and to put the island on the road to sustainable growth and development.

Antigua Reclassified As High Income

KINGSTON, Jamaica - In its publication on remittances released last month, the World Bank said Antigua & Barbuda has regained its status as a high income economy, leaving the majority of regional developing states behind.
The reversal comes after the island of 89,070 residents finalised an International Monetary Fund programme.
Alessandro Legrottaglie, the World Bank's senior country officer for Antigua, who also has responsibility for the OECS, said Wednesday that Antigua moved into the 'high income' category on July 1, 2013.

Manufacturers call for revision of Value Added Tax

CASTRIES, St. Lucia, CMC- Manufacturers here have urged the Government to reexamine issued related the Value Added Tax (VAT) that was introduced one year ago.
The manufacturers state that with empirical data and stakeholder feedback now available, the Government is in a position to make the necessary revisions to help deliver stability, jobs and economic growth.

Prime Minister calls for implementation of growth and transformation agenda

WASHINGTON, CMC – Grenada’s Prime Minister Dr. Keith Mitchell has called for the implementation of a growth and transformation agenda coupled with his administration’s efforts to strengthen the Grenadian economy.
Addressing a protocolary meeting of the Permanent Council of the Organization of American States (OAS), Mitchell alluded to the transformation of the OAS and the importance of considering new communication technologies and social media.

Energy security high on agenda of CELAC meeting

KINGSTON, Jamaica - Regional energy security is among the many issues to be discussed at the second meeting of the ministers of Energy of the Community of Latin American and Caribbean States (CELAC), on October 24 and 25.
The two-day meeting is scheduled to take place at the Montego Bay Convention Centre.Jamaica is the first English-speaking country chosen to host the meeting.

Gender equality policies to be discussed in the Dominican Republic

SANTO DOMINGO, Dominican Republic, CMC – Gender inequalities in the digital economy will be examined here this week at the 12th Session of the Regional Conference on Women in Latin America and the Caribbean.
The October 15-18 intergovernmental meeting, organized by the Economic Commission for Latin America and the Caribbean (ECLAC) and the Government of the Dominican Republic, will be opened at the Hotel Hilton Santo Domingo.

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