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The Development Bank of Jamaica (DBJ) has further cut its interest rates on loans for energy-saving projects.
With the latest cut, the rate is now at an all-time low of 9.5 per cent, down from 9.75 per cent.
In the first quarter of this year alone, Guyana has spent some US$321.76M on importing goods.
This is according to a report on trade compiled by the Bureau of Statistics.
At the top of the country’s shopping list is the item classified under the SITC3 Group number 334 and listed as Fuel and Lubricant by the Bureau.
On Tuesday, 7 December 2010 the World Bank in collaboration with the Eastern Caribbean Central Bank will launch two projects geared towards strengthening the Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) and the accountability of the Non-Banking Financial Sector.Funding was provided by the World Bank in the amount of US$455,000 for each project.
Bermuda has signed a Tax Information Exchange Agreement with economic powerhouse China.
Premier Paula Cox and Wang Li, deputy commissioner of the State Administration of Taxation of China, finalised the agreement at Camden.
A delegation from the People’s Republic of China joined Government Senators, Ministers and Opposition leaders at the ceremony.
The document is Bermuda’s 24th TIEA and China’s sixth.
The Asian nation is the second largest trading country in the world, with the biggest population.