GEORGETOWN, Guyana – Guyana’s President Dr. Irfaan Ali, Wednesday defended the energy policy of his administration amidst global challenges dismissing those whom he said speak on the virtues of climate change and the environment but are yet to develop a single policy that can be used to make the natural and national asset of a country a revenue earner.
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KINGSTON, Jamaica – Jamaica says its creative sector has generated approximately US$2.2 billion in earnings during 2022, accounting for 5.2 percent of the island’s gross domestic product (GDP).
KINGSTON, Jamaica – Jamaica’s recent trade mission to Guyana has been deemed a success with several contracts established, especially in construction and technology, to supply Guyana with building materials and technological support.
BASSETERRE, St. Kitts – The St. Kitts-Nevis government has welcomed the latest report by the International Monetary Fund (IMF) that has indicated that the economic outlook for the twin-island Federation is “positive” but warned that it is subject to downside risks in the short term, primarily stemming from global headwinds impacting key tourism source markets and commodity price volatility.
KINGSTON, Jamaica – The embattled Stocks and Securities Limited (SSL) says it had intended to facilitate law enforcement and other professional investigators as they probe the recent events at the investment firm without making public comment.
NASSAU, Bahamas – Governor of the Central Bank of the Bahamas, John Rolle, Monday said it is likely that the country would have experience economic growth of between seven and nine percent last year.
PORT OF SPAIN, Trinidad –The latest statistics for economic growth in Trinidad and Tobago for 2022 are better than previously estimated.
Basseterre, St. Kitts and Nevis - The Government of St. Kitts and Nevis will be introducing a new payroll system for the civil service. All monthly paid civil servants will soon be paid on a twice monthly or on a semimonthly basis.
KINGSTON, Jamaica – The Government has no intention of bailing out failed financial institutions, says Prime Minister Andrew Holness.
BRIDGETOWN, Barbados – Barbados' economy is forecast to continue on its growth trajectory this year, even though the global economy is expected to slow in 2023, the Central Bank of Barbados (CBB) reported Wednesday
GEORGE’S, Grenada – The Grenada government Tuesday announced a one-month delay in the implementation of an increase in the Excise Tax on alcohol and tobacco products as well as Value Added Tax (VAT) on sugar, sugary or carbonated drinks.
PORT OF SPAIN, Trinidad – The Trinidad and Tobago government has informed oil and gas companies that the days of “just ticking the boxes” as it relates to bidding for oil exploration “are over” and that a new policy is being formulated.
MADRID, Spain – Jamaica is on track to achieve an 11 percent growth this year as the island continues to recover strongly from the fallout of the COVID-19 pandemic .