First US $55M of Trust Fund released for projects
PHILIPSBURG/WASHINGTON - The World Bank has assigned the first US $55 million grant from the St. Maarten Recovery, Reconstruction and Resilience Trust Fund financed by the Dutch government to assist the island after More...
Improving cities in Latin America and the Caribbean is essential according to the World Bank
For the entity, investment in infrastructure, urban planning and human capital are vital for economic development. WASHINGTON - The increase in investment in infrastructure, better metropolitan governance, urban More...
St. Maarten PM shares World Bank info with MPs behind closed doors
PHILIPSBURG - Negotiations are still ongoing between the World Bank and the Government of St. Maarten about the administration of the recently-set-up Dutch Recovery Trust Fund. This resulted in Prime Minister (PM) More...
World Bank: growth gathers steam in Latin America and the Caribbean
WASHINGTON - The economies of Latin America and the Caribbean (LAC) have turned the corner after a year of tepid growth and six of stagnation, providing an opportunity for countries to solidify their fiscal positions More...
Signing St. Maarten Trustfund imminent
THE HAGUE - The Dutch Government will sign the agreement with the World Bank to set up the St. Maarten Reconstruction Trust Fund on the eve of the Spring Meetings of the World Bank and the International Monetary More...
St. Maarten Prime Minister Romeo Marlin travels to Washington for Trustfund of $580 million
PHILIPSBURG - A delegation of the World Bank is visiting Sint Maarten this week to help with the preparation of the early priority projects. The World Bank delegation is focused on disaster preparedness and emergency More...
Lower stipend for World Bank
THE HAGUE - The Dutch Government has made a new arrangement with the World Bank which will bring down the price that the organisation will receive for managing the Trust Fund for St. Maarten’s reconstruction by More...
World Bank says region on course for modest growth
WASHINGTON - Despite the recent impact of natural disasters, the World Bank says the Latin American and Caribbean region remains on course to record modest economic growth for the first time in six years. The bank’s More...
Former representative of the World Bank brings a unique perspective to C-MCC Development Group’s major trade and financial initiative in Curaçao
WILLEMSTAD, NEW YORK - The C-MCC Development Group has announced that Oltmann Siemens, the eminent Jurist, Banker and Economic Counselor to many countries, has joined the company as Vice Chairman. The C-MCC Development More...
New World Bank report calls for increased health budget and better spending to save lives in Haiti
In Haiti, public spending on healthcare per capita is us$13 per year, which is below the average and substantially lower than the average in neighboring countries. PORT-AU-PRINCE - A new report issued yesterday More...
