Caribbean governments are being warned that they could be in for a rude awakening, if care is not given to address the region’s soaring food import bill.

Nineteen Caribbean territories and regions meeting in Port of Spain, Trinidad, are by now expected to have a clearer understanding of how they can pull themselves out of their high debt and low growth morass.

The Paris-based Organization for Economic Cooperation and Development (OECD) and the United Nations’ Economic Commission for Latin America and the Caribbean (ECLAC) have urged regional countries to increase tax collections and carry out other reforms so they can sustain the growth they have seen despite the global economic slowdown.

The head of low-cost carrier REDjet has called on the region’s political directorate to remove restrictions on the aviation sector to allow for a more liberalised market.

There’s a new frenzy of activity surrounding the defunct British American Insurance Company Limited (BAICO) with former customers publicly outlining their inability