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Building a world free of poverty on a livable planet.

22/10/2026

After beginning his career as a gourmet butcher, Harvey Corbin found his passion at sea and built a fishing career spanning nearly 30 years.

When Hurricane Beryl badly damaged Harvey’s fishing boat, Lady Muriel, and halted his livelihood, he invested his savings, salvaged the boat’s engine and began building Lady Muriel II.

Support for a return to sea: As one of the first recipients of the Vessel Replacement Programme under the Barbados Beryl Emergency Response and Recovery Project (BERRP), Harvey is using a conditional grant to complete his new boat and restore his fishing business.

Learn more:

Harvey’s been a fisherman for just about 30 years, having begun his career as a gourmet butcher. Butchering was something that ran in the family, from the days of his own father.

21/10/2026

17/10/2026

Labor income was the main driver of poverty reduction in Latin America and the Caribbean in 2025, bringing poverty rates to their lowest level recorded.

In 2025, 24% of the region's population was living in poverty, down from 33% in 2017—a decrease of approximately 41 million people.

What drove this decline? Primarily, improvements in the labor market. Since 2022, income from employment has been the main engine of poverty reduction, supported by a larger and more educated workforce.

However, these gains remain fragile: nearly one in three people is vulnerable, and remains one shock away from falling into poverty.

For poverty to continue declining, the region needs more productive and better-paying jobs.

15/10/2026

Within the Caribbean, the macroeconomic landscape is characterized by a stark divergence.

On one track, Guyana’s unprecedented oil-driven expansion continues to pull up the subregional averages, complemented by Suriname’s accelerating investments tied to offshore discoveries and Trinidad and Tobago’s
steadier, mature natural gas production profile.

On the other track, growth across the tourism-dependent island economies has moderated, weighed down by softer external demand, persistent import and energy cost pressures, and recurring climate vulnerabilities.

This widening gap underscores a deepening struc-
tural divide between resource-abundant commodity exporters and service-reliant economies across the Caribbean.

Read and download the report: https://hdl.handle.net/10986/45623

14/10/2026

The next decade will bring 1.2 billion young people into the workforce. In Peru, teacher Lariza Sedano is using small AI to help students connect their ambitions with education and career options.

With the right guidance, more young people can move forward with confidence.

https://live.worldbank.org/en/series/2026/global-ai-and-digital-summit-livestream

13/10/2026

Climate shocks don’t just reduce crop yields. In the Caribbean, even modest losses threaten nutrition, human capital, and fiscal stability.

Our latest Economic Update maps the affected areas and outlines paths to resilience.

Read and download the report: https://hdl.handle.net/10986/45623

12/10/2026

Annual Meetings 🌐 Hear from the World Bank Group President and the International Monetary Fund Managing Director on the priorities shaping global development. Join us LIVE!

https://live.worldbank.org/en/event/2026/annual-meetings-plenary?cid=ECR_FB_worldbank_EN_EXT&fbclid=IwY2xjawU5z3hleHRuA2FlbQIxMQBwZG9mAXNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR4NBz2UzDAnTb60mPN2nZk1NVFpsa00XMOIsPQmvTvtUhU7uJ-5_pNrIKxi2A_aem_4VneFMLdYYPa6tck8qR-Ww

Annual Meetings Chairman Carlos Carvallo Spalding joins Ajay Banga and Kristalina Georgieva for the October 16 plenary in Bangkok.

09/10/2026

Three years ago, the World Bank Group launched its reform agenda with a clear ambition: to become a faster, simpler, more effective, and impactful institution — one better equipped to meet the scale and urgency of today’s development challenges.

That agenda is now delivering results:
✔$123.5 billion in client financing
✔ $112 billion in private capital mobilization
✔ Faster project approvals
✔ AI-integrated client solutions
✔ New strategic priorities.

Download our Annual Report and learn how these results are creating jobs and growing economies around the world.

Investing in People, Investing in Prosperity

08/10/2026

The economy of and the is projected to grow by 2.2% this year, a figure that falls short of the region’s true potential. Countries that have adopted sound public policies are already growing at rates of 3% to 4%.

https://www.worldbank.org/en/region/lac/publication/perspectivas-economicas-america-latina-caribe

06/10/2026

The economy of and the is projected to grow by 2.2% this year, a figure that falls short of the region’s true potential. Countries that have adopted sound public policies are already growing at rates of 3% to 4%.

Read the report: https://www.worldbank.org/en/region/lac/publication/perspectivas-economicas-america-latina-caribe

Address

6th Floor, One Belmont, Belmont Road
Kingston

Telephone

+18769600459

Website

https://www.worldbank.org/en/country/caribbean

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