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International Monetary Fund (IMF)

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BRIDGETOWN — For Caribbean nations such as Suriname, Belize and Barbados, the pandemic hasn’t just shut down local economies. It’s also led some investors to worry about how they’ll repay their bonds. Unlike eight regional nations including Haiti, Honduras and Nicaragua that may qualify for a global debt relief initiative

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NASSAU — We are all in the same COVID-19 storm, but not all countries are in the same boat. Here in the Bahamas, 70 percent of our GDP is generated from tourism. Tourist-based economies like ours throughout the Caribbean region have limited social safety nets. This means our people, economy

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WASHINGTON — A sudden stop in tourism caused by border closures and lockdowns aimed at containing the coronavirus pandemic will cause a 6.2% contraction of the Caribbean economy in 2020, the deepest recession in over half a century, the IMF said on Wednesday. In a blog on its website, the

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[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] WASHINGTON — Economic growth in the Caribbean is being hampered by high unemployment among young people regarded as the highest in the world, and crime, according to IMFBlog, a forum for the views of the International Monetary Fund (IMF) staff and officials on pressing economic and

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[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] WASHINGTON — The International Monetary Fund (IMF), says economic prospects for the region are generally improving and modest growth is expected in 2018 and 2019. The IMF, in its Regional Economic Outlook Update for Latin America and the Caribbean, released on Thursday, said the positive

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[ad name=”HTML-68″] ROAD TOWN, Tortola, BVI — A plan by British billionaire Richard Branson to lead a post-hurricane rebuilding effort in the Caribbean, with a focus on clean energy projects, may include debt relief negotiations mediated by the International Monetary Fund. Branson is spearheading a plan to help nations in

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