The upbeat sentiment following the signing of the Extended Fund Facility with the IMF on May 1, 2013 was short-lived. The approval by the IMF board marked the beginning of a heavy, front loaded adjustment that is being felt now. And it has not been an easy six months. … [Read more...] about Jamaica at a Crossroads
Welcome to Caribbean DevTrends! The Caribbean Country Department of the Inter-American Development Bank has one job: doing our part to make the Caribbean grow. We are the single largest multilateral source of financing for Government development projects, but we still haven’t figured out how to expand our lending to the private sector. We use our technical expertise to create … [Read more...] about Welcome!