Abeng News

Mark Lee

IMF, UWI to Examine Caribbean Challenges

The University of the West Indies (UWI), the Central Bank of Barbados and the International Monetary Fund (IMF) will hold a conference, Caribbean Policy Challenges After the Global Crisis, and a student Town Hall meeting in Bridgetown, Barbados January 27-28, 2011. These events focus on economic and social challenges facing the region and seek to deepen …

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IMF Approves US$93.9 Million Disbursement for Jamaica

The Executive Board of the International Monetary Fund (IMF) has concluded the first review of Jamaica’s economic performance under a Stand-By Arrangement (SBA), enabling the immediate disbursement about US$94 million), bringing total disbursements under the arrangement to about US$705, it was announced Wednesday (June 23). Jamaica has performed very well under the program. All quantitative …

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IMF Approves $117.8 Million Loan for Antigua and Barbuda

Against the background of the global economic crisis, the International Monetary Fund (IMF) has approved a $117.8 million loan to support the Antigua and Barbuda’s plan to recover from mounting government debt, weak economic growth, and the effects of the economic crisis. The global lender announced June 8 that the money will help Antigua and …

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Jamaica lands $500M China Deal

The governments of Jamaica and China have signed agreements valued more than US$500 million, a release from the office of the island’s prime minister said Thursday. The agreements cover the construction of affordable housing, road repair and rehabilitation as well as shoreline protection and rehabilitation on the Palisadoes roadway which links the island’s main airport …

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