Economic Highlights
July 15, 2025 Cash-strapped Cuba's severe economic crisis shows no signs of easing, Cuban Economy Minister Joaquin Alonso said on Monday, as official media reported that growth fell by 1.1% last year following a 10% decline since 2019. Speaking before the Cuban parliament's economic commission, Alonso said there was little hope for improvement this year,
July 14, 2025 Jamaica has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), becoming the 13th Caribbean Community (CARICOM) member state of the African multilateral financial institution. The historic signing took place on the sidelines of the 49th Regular Meeting of the Conference of Heads of Government of the Caribbean Community.
July 11, 2025 Chairman of the Caribbean Community (CARICOM) and Prime Minister of Jamaica, Andrew Holness, has urged the European Parliament to remove Jamaica and Barbados from its list of high-risk jurisdictions for money laundering and terrorist financing. Prime Minister Holness made this appeal during a press conference at the close of the 49th Regular
July 09, 2025 Barbados is set to become the first nation to use a new standardised debt swap facility designed to help countries redirect funds from high-interest loan payments to development projects, finance officials told Reuters. Dubbed a "debt-for-resilience" facility, the multi-billion dollar program is backed by four major development banks. It is expected that
July 9, 2025 Dr. the Most Hon. Andrew Holness, Prime Minister of Jamaica and Chair of the Caribbean Community (CARICOM), has challenged the Region to think strategically and focus on the values of unity in the current global environment. “As small states, we are vulnerable not just to global economic shocks and natural hazards but
July 9, 2025 Net International Reserves – June 2025 BOJ has reported that Jamaica's Net International Reserves as at June 30, 2025, stood at US$5,835.60 million, reflecting an increase of US$36.02 million when compared to the US$5,799.57 million reported at the end of May 2025. Foreign Assets totalled US$5,864.78 million, US$23.58 million more than the
July 4, 2025 The Statistical Institute of Jamaica (STATIN) reported that the Jamaican economy experienced a growth of 1.1 per cent in the first quarter of 2025 when compared to the same period in 2024. This overall expansion was driven by positive performances in both the Goods and Services industries, which recorded growth rates of
July 04, 2025 By the end of this year, the tourism sector is projected to contribute approximately US$21.1 billion to the Dominican Republic’s gross domestic product (GDP), accounting for 15.8% of the national economy, according to estimates from the World Travel & Tourism Council (WTTC). The Economic Impact Research report, presented yesterday and prepared by
July 3, 2025 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment increased by 147,000 in June 2025, while the unemployment rate remained relatively stable at 4.1%. Employment growth was concentrated in state government and health care, while federal government employment continued to decline. These figures are derived from two monthly surveys:
July 02, 2025 Government Operations Results for May 2025 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their
