MONTHLY NEWSLETTER

Caribbean Economic Report, April 2022

  • April 24, 2022
The IMF is expecting global growth to slow from 6.1% in 2021 to 3.6% in 2022-23 and 3.3% over the medium-term. Jamaica’s inflation reached 10.7% in Feb 2022, prompting the BoJ to raise its policy rate by 50 basis points in March to 4.50%. Similarly, DomRep’s policy rate was raised from 5% to 5.50% in […]

Caribbean Economic Report, January 2022

  • January 18, 2022
Guyana’s oil outlook strengthens, 12.5% growth in DomRep Jan-Nov and 5.8% in Jamaica in Q3, Suriname approves EFF with IMF, T&T’s deterioration in H1 2021…

Caribbean Economic Report, September 2021

  • September 29, 2021
Int’l reserves boosted by IMF SDR injections, tourism showing gains in Bahamas & DomRep, robust remittance inflows continue in Jamaica & DomRep, currency depreciation in Suriname stokes inflation…

Caribbean Economic Report, July 2021

  • July 27, 2021
The EU’s ongoing subjugation of Vanuatu: Learn how the EU’s Blacklists apply grossly disproportionate, biased, unjustified, and extrajudicial treatment to one of the world’s smallest, poorest, and most vulnerable countries, which has the potential to damage its economy irreparably. DomRep’s economy has returned to growth. Guyana’s oil output doubled y/y in Q1 2021. Depreciation of […]

Caribbean Economic Report, May 2021

  • May 20, 2021
T&T’s reserves excluding HSF drawdowns and USD borrowing stand at USD3.1 billion, Barbados contracted 19.8% in Q1, DomRep’s economy expands 10.6% in March…

Caribbean Economic Report, March 2021

  • March 30, 2021
Remittances up for DomRep (31%, 2021) and Jamaica (20%, 2020), Cayman debt/GDP only 5.2% (2020), Guyana’s O&G sector contributed 16% of GDP and 42% of exports, Suriname balance of payments benefits from higher gold prices…

Caribbean Economic Report, November 2020

  • November 4, 2020
Editorial: The EU’s defiantly discriminatory & disproportionate action persists. Barbados GDP contracted 16% Jan-Sept, DomRep GDP fell 8.1% Jan-Sept, Guyana’s non-oil GDP contracted 4.9% in H1 while oil GDP increased 45.9%…

Caribbean Economic Report, August 2020

  • August 31, 2020
Editorial: Why does the EU deliberately marginalize small and vulnerable countries? Steeper economic contractions projected: Bahamas -15 to -20% in 2020, Barbados -27% y/y in Q2, Cayman Islands -7.1% for 2020, Jamaica -7 to -10% this FY…

Caribbean Economic Report, June 2020

  • June 29, 2020
Editorial: J’accuse…! The European Union’s Institutionalized Racism and Bullying Bahamas downgraded to Ba2 (non-investment grade) by Moody’s; Q1 2020 growth for Barbados -3%, Jamaica -1.7% and DomRep 0.0%; Suriname’s debt surged in April and inflation rose to 26%…

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