Home Economic Development

Economic Development

Housing Nightmare

NYC Housing Authority will need $32B to upgrade housing system over the next 5 years Investigative Report By Michael Derek Roberts The New York City Housing Authority (NYCHA) has long been a persistent and...

Walmart Eyes Big Apple – Again

After more than a decade of repeated attempts and failures, megastore giant Walmart is finally coming toward the Big Apple, but it’s not plotting for massive store openings. Instead, the retailer...

Jamaica’s business climate good for investment

Montego Bay hosts third staging of Jamaica Investment Forum, June 12-14 KINGSTON, JAMAICA – May 21, 2018 – Jamaica’s business climate remains ripe for investment and the island’s trade and investment promotions agency,...

Granger to CARICOM: Unity is key

(BROOKLYN, New York): “The Community, challenged by the constantly changing international situation, must redouble its efforts to ensure a more safe society for its citizens, more stable economies for its countries,...

IMF: Grenada doing better

(BROOKLYN, New York): Reports from the Caribbean say that an International Monetary Fund (IMF) staff team recently visited Grenada for the 2018 Article IV consultation and held discussions with the island’s...

Barbados PM announces general elections date

Opposition leader welcomes the announcement The leader of the main opposition Barbados Labor Party (BLP), Mia Mottley who recently criticized the prime minister for not announcing the date and calling on...

IMF refuses Barbuda debt relief after hurricane

As Barbuda, part of the Caribbean island nation of Antigua and Barbuda, reels from having almost the entirety of its infrastructure and 95% of its homes destroyed due to Hurricane Irma,...

Jamaica in line for IMF funds

The International Monetary Fund (IMF) says Jamaica is likely to receive US$180 million in October, after an IMF delegation reached a preliminary agreement with the authorities on a set of policies...

Caribbean Development Bank approves US $306 million in loans, grants in 2016

BRIDGETOWN, Barbados -- In 2016, the Caribbean Development Bank (CDB) approved US$306 million in loans and grants, the highest approval total during the past five years. And of the countries for...

CDB urges region to create environment for economic growth

BRIDGETOWN, Barbados -- The Caribbean Development Bank (CDB) is projecting that the region will experience economic growth of approximately 1.7 percent in 2017. However, CDB director of economics, Dr Justin Ram,...

LATEST NEWS