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PORT OF SPAIN, Trinidad and Tobago, May 12, 2020 (CMC) – The Trinidad and Tobago government announced, today, it would be establishing a “very innovative loan program” to help small- and medium-sized enterprises survive the impact of the coronavirus (COVID-19) ...

BRIDGETOWN, Barbados, May 12, 2020 (CMC) – The Barbados-based Caribbean Development Bank (CDB) announced, yesterday, that there has been an oversubscription of its newest facility, funded by the eleventh European Development Fund (EDF). “The high demand for financing of interventions, ...

BRIDGETOWN, Barbados, May 7, 2020 (CMC) – The three Caribbean Community (CARICOM) countries that were named, yesterday, in a new European Commission list of high-risk third countries — with strategic deficiencies in their regime, regarding anti-money laundering and countering terrorist ...

PORT OF SPAIN, Trinidad and Tobago, May 8, 2020 (CMC) – Proman, the Switzerland-based company that is involved in natural gas-derived products and services, says it is suspending operations at one of its plants in Trinidad and Tobago, as it ...

BASSETERRE, St. Kitts and Nevis, May 5, 2020 (CMC) – Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, says there is likely to be a 20 percent economic contraction, across the sub-region, as the coronavirus (COVID-19) pandemic is ...

KINGSTON, Jamaica April 30, 2020 — Minister of Finance and the Public Service, Dr. Nigel Clarke, says the newly-established COVID-19 Economic Recovery Task Force will be working, assiduously, to ensure the restoration of jobs, lost as a result of the ...

PORT OF SPAIN, Trinidad and Tobago, April 28, 2020 (CMC) – The Trinidad and Tobago government disclosed, yesterday, that it expects to lose revenue, in excess of nine billion dollars, as a result of the dramatic decline in oil and ...

DENVER, Colorado April 27, 2020 (CMC) – A senior official of WorldRemit, the London-based digital money transfer company, says overall remittances to the Caribbean will be severely impacted this year, as a result of the coronavirus (COVID-19) pandemic. Daniel Canning, ...

As a nationwide lockdown has confined a record 1.3 billion Indians to their homes since March 24, one of the hardest hit communities has been that of Indian farmers. By Neeta Lal Guest Contributor NEW DELHI, India April 24, 2020 ...

KINGSTON, Jamaica, April 16, 2020 (CMC) – The government of Jamaica has requested access to the International Monetary Fund’s (IMF’s) Rapid Financing Instrument (RFI), in the wake of the global COVID19 lockdown, Finance Minister, Dr. Nigel Clarke, revealed in a ...