Monthly Newsletter Archive - Marla Dukharan

MONTHLY NEWSLETTER

Caribbean Economic Report, November 2022

  • November 8, 2022
Supply-side inflationary pressures continue to build across the Caribbean, enhanced by currency depreciation in Suriname and Cuba. Bahamas downgraded (Moody’s), Barbados affirmed (Fitch), Jamaica affirmed (S&P)…

Caribbean Economic Report, September 2022

  • September 25, 2022
Bahamas and T&T each with ~USD1 billion in Net Errors & Omissions on the Balance of Payments in 2021; strong tourism recovery continues in Jamaica, DomRep and Bahamas; fiscal budget expectations for Trinidad & Tobago…

Caribbean Economic Report, August 2022

  • August 16, 2022
DomRep surpasses 2019 tourism levels in July, aging populations challenge Cayman and Barbados, major fire in Cuba poses new economic difficulties, the JMD and DOP have appreciated vs the USD, fiscal upside from high O&G prices for T&T to be partially offset by low production, subsidy costs, and HSF contributions…

Caribbean Economic Report, June 2022

  • June 22, 2022
Bahamas faces rising debt and high arrears, Barbados’ tourism could soften based on high UK inflation, Guyana’s food inflation reached 14% amidst rising food insecurity, T&T’s low energy production and weak non-energy sector highlight the need for urgent reforms. 

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…

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