In a significant move to bolster agricultural productivity, Prime Minister Browne announced the acquisition of two 20-ton trucks and an excavator for the Ministry of Agriculture. These resources are earmarked to assist farmers in constructing ponds and dams on their farms, as well as preparing sub-base layers for farm roads. This initiative aims to enhance water management and improve transportation infrastructure, crucial for the efficiency of agricultural operations. Additionally, the government plans to install solar lights on farms to facilitate night work, thereby extending the working hours and potentially increasing output. This dual approach of providing heavy machinery and renewable energy solutions underscores the government’s commitment to modernizing the agricultural sector and supporting local farmers in Antigua.
作者: admin
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Social Security in the sun: Using your U.S. benefits to retire in the Dominican Republic
For many Americans, the idea of retiring in the Dominican Republic is no longer just a dream but an attainable and affordable reality. With over 700,000 Americans receiving Social Security benefits abroad in more than 180 countries, the Dominican Republic has emerged as a top destination for retirees seeking a lower cost of living and a slower pace of life. The country’s tropical climate, vibrant culture, and ease of managing U.S. benefits make it an attractive option for those looking to stretch their retirement dollars. From the mountain views of Jarabacoa to the coastal tranquility of Punta Cana, retirees can enjoy a high quality of life while making their Social Security payments go further. The U.S. Social Security Administration (SSA) approves the Dominican Republic for receiving benefits abroad, ensuring retirees can access their funds seamlessly. To manage payments, most retirees maintain a U.S. bank account and transfer funds as needed, though opening a local account in pesos or U.S. dollars is also an option. Popular banks like Banreservas, Banco Popular, and Scotiabank support international transactions, making financial management straightforward. Retirees can also minimize transfer fees by using services like Wise, Remitly, or Xoom, which offer competitive exchange rates and low fees. The cost of living in the Dominican Republic is significantly lower than in the U.S., with a single retiree living comfortably on $1,500–$2,000 per month and couples budgeting around $2,500. Rent in mid-sized cities like Santiago averages $850–$1,100, while smaller towns offer even more affordable options. Fresh local produce and dining out are inexpensive, though imported goods tend to be pricier. Healthcare is high-quality and far more affordable than in the U.S., adding to the appeal. Retirees can also explore residency options through the Pensionado visa, which requires a guaranteed monthly income of at least $1,500. Many retirees are choosing to purchase property in full-service residential communities, which offer amenities like 24-hour security, pools, gyms, and beachfront access, often with tax incentives under the CONFOTUR law. For those considering this lifestyle, real estate professionals like Rosalyn Ortega-Elie of Smart Caribbean Properties provide guidance on selecting the right community and navigating the legal process of buying property abroad. With its affordability, beauty, and ease of living, the Dominican Republic is becoming an increasingly popular choice for Americans looking to retire in paradise.
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Wijnerman woont jaarvergadering IMF/Wereldbank bij
The 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank commenced on Monday, October 13, in Washington, D.C., and will continue through Saturday, October 18. Suriname’s Minister of Finance & Planning, Adelien Wijnerman, is leading a delegation to participate in this pivotal global event. The meetings serve as a critical platform for discussions on pressing economic issues, including debt reform, climate action, development strategies, macroeconomic policies, and financial stability. The Surinamese delegation is set to engage in bilateral talks, attend plenary sessions, and participate in key agenda items such as the Development Committee and International Monetary and Financial Committee meetings, regional briefings, and press conferences. Suriname, having recently completed an IMF Extended Fund Facility (EFF) program, aims to focus on institutional strengthening, securing investment flows, promoting sustainable growth, and monitoring external risks during the meetings. The outcomes of these discussions could significantly influence future financing opportunities, international partnerships, and policy support for Suriname amidst a rapidly evolving global economic landscape. Minister Wijnerman anticipates providing further updates as the week progresses.







