US$2.33bn pro-business budget tabled in Barbados
28th March 2024 Barbados Prime Minister Mia Mottley has tabled what is largely being hailed as a pro-business budget for 2024/2025. The budget followed estimates detailing an accrual-based total outlay of US$2.33bn, including US$1.71bn allocated for current expenditure and US$622.4mn earmarked for investments in capital
IDB to Increase Regional Finance to US$112BN
22nd March 2024 IADB is going to ramp up LatAm finance to US$112bn over the next decade following a capital increase of US$3.9bn and internal reforms. These changes will see IADB and its venture capitalist arm IDB Labs focus on fewer but larger loans. This
Commentary in Granma outlines possible approach to currency reform
18th March 2023 The outline of a possible approach to unifying Cuba’s multiple foreign exchange rates and addressing dollarisation has been published in Granma. The much-needed measure is widely believed to be the key determinant in the success or failure of government’s macroeconomic stabilisation reform