by Natalie Moodey | Jan 22, 2024 | Caribbean Insight
The World Bank has revised downward its 2024 economic growth forecast for The Bahamas to 1.8%, a 20-basis points reduction from its previous projection citing regional challenges, including high global interest rates, fiscal deficits, and structural issues. In...
by Natalie Moodey | Jan 22, 2024 | Caribbean Insight
President Dr Mohamed Irfaan Ali provided a comprehensive overview of the transformative measures outlined in budget 2024 during a televised address to the nation on Monday. Senior minister within the office of the president, with responsibility for finance, Dr Ashni...
by Natalie Moodey | Jan 8, 2024 | Caribbean Insight
Curacao and St. Maarten to welcome new currency more than a decade after becoming autonomous. The new currency will come into effect on March 31, 2025, and not in the second half of this year as previously reported. A new joint currency will be launched for the Dutch...
by Natalie Moodey | Jan 8, 2024 | Caribbean Insight
Dominican Republic advances in 2023 in risk rating. The Dominican Republic made significant progress in 2023, improving its credit rating, but there is still some way to go to reach investment grade. After Standard and Poor’s upgraded the Dominican Republic’s outlook...
by Natalie Moodey | Jan 5, 2024 | Caribbean Insight
Trinidad and Tobago – National Insurance Board (NIB) praised for handling cyber attack. The National Insurance Board (NIB) office on Harris Promenade was closed due to a ransomware attack, at the end of December. The UNC deputy political leader Jearlean John...
