The UN’s Economic Commission for Latin America and the Caribbean says Guyana’s public debt continues to be the lowest in the Caribbean, being 41.7 per cent of the country’s GDP.
The report, says Barbados still has the highest public debt,, followed by Jamaica, which has a public debt of 93.8 per cent of GDP.
Meanwhile, ECLAC says economic growth across the Caribbean region is expected to increase slightly to 2.1 per cent this year.
It says the fastest growing economies were Anguilla (10.9 per cent), followed by Antigua and Barbuda (7.4 per cent), Monserrat (5.2 per cent) and Grenada (4.1 per cent).
Following heavy rainfall in Barbados over the weekend, the Met Services on the island last night discontinued its flood watch, which had been issued earlier on Sunday.
The BMS says analysis of the weather conditions affecting the island during the afternoon has indicated that the threat of flooding has diminished.
Nevis hosted its first training workshop to help convert parts of fish that are normally discarded, into safe and nutritious products for livestock.
The initiative will also provide a new avenue for the employment while helping to reduce the island’s food import bill.
The government of St Kitts and Nevis has taken another step towards relaxing laws on the use of marijuana for medicinal, scientific, religious and recreational purposes.
Legislative amendments were passed in the National Assembly last week, and the move will also help expunge the records of persons sentenced for breaching the old weed laws.
Haiti’s first and only emergency medical helicopter service, operated by an American NGO, is scheduled to cease operations this month due to “insecurity” in the country.
Ayiti Air Anbilans says this issue no longer allows the NGO to provide sufficient security guarantees to its helicopter suppliers.
Despite just released data showing poverty increasing in Jamaica, Prime Minister Andrew Holness says citizens have much to be thankful for as the country gets ready to celebrate 57 years of Independence.
He says the annual inflation rate is at a low of 4.2 per cent and the consumer price index is trending downwards, adding that Jamaica’s credit ratings are positive and foreign exchange reserves are historically high.
Saint Lucia’s Consulate General in Martinique has denied that a shootout occurred in Saint Lucia at a beach party.
A report in Martinique added that a viral video has been circulating for several days on social networks about a shooting that, contrary to misinformation, took place in St. Croix, and not St. Lucia.