WASHINGTON,  – The Inter-American Development Bank (IDB) Monday said it would virtually launch the Green Bond Transparency Platform (GBTP) , an innovative digital tool that brings greater transparency to the Latin America and the Caribbean green bond market.

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WASHINGTON, , – The World Bank has launched an early replenishment process of the International Development Association (IDA), to support Caribbean and other countries in their recovery from the coronavirus (COVID-19) crisis and transition to “green, resilient and inclusive development”.

GEORGETOWN, Guyana,– The Guyana government says it is anticipating a significant increase in oil revenues in the future.

SANTIAGO, – The Executive Director of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, has hailed as “a much welcome and needed initiative” the recent call to action by the US Secretary of the Treasury, Janet Yellen, to the Group of 20 (G-20) of the world’s industrialized powers for a new issue of International Monetary Fund (IMF) Special Drawing Rights (SDRs), which the G-20 recently approved, and the re-allocation of excess SDRs to low-income countries (LICs), such as those in the Caribbean.

WASHINGTON – The Inter-American Development Bank (IDB) says now is the time to foster labor formalization in Latin America and the Caribbean (LAC), stating that there is “an urgent need to reduce labor informality to encourage inclusive growth after the pandemic is over.”

BRIDGETOWN, Barbados, – Barbados’ new minimum wage took effect Thursday, despite concerns expressed by the private sector that the timing is wrong.

BRIDGETOWN, Barbados, – For the first time in ten years, BICO Limited is exporting from its factory in Barbados to a neighboring Caribbean island.

Amazon announces four new delivery stations in South Florida. The new delivery stations will power the last mile of Amazon’s order process and help increase efficiency of deliveries for customer in Miami-Dade and Broward Counties. Packages are shipped to delivery stations from neighboring Amazon fulfillment and sortation centers and loaded into vehicles for final delivery to customers.

BRIDGETOWN, Barbados, — The Barbados Private Sector Association (BPSA) has urged government to defer the increase in the national minimum wage, set to take effect April 1, until next year, saying businesses cannot afford it right now.

Miami, FL - In February 2021, the not seasonally adjusted unemployment rate in Miami-Dade County was 7.9 percent. From January 2021 to February 2021, there was an increase of 6,500 nonagricultural payroll jobs, which is a 0.6 percentage point increase. The County had a reduction of 110,400 nonagricultural payroll jobs (not seasonally adjusted), from February 2020 to February 2021 which was an 8.9 percentage point decrease.

GEORGETOWN, Guyana, – The Guyana government says in collaboration with the private sector, it is making strides towards removing barriers that affect trade within the Caribbean Community (CARICOM) Single Market Economy (CSME).