According to a conference held in Barbados and broadcast over the Internet, the International Monetary Fund (IMF) believes that Guyana, the Dominican Republic and Jamaica are three of the countries least affected by the recent fall in petroleum prices and their Petrocaribe agreements with Venezuela. The keynote speaker, Adrianne Cheasty, is the deputy director of the Western Hemisphere Department of the IMF. She said that on the other hand Haiti, Nicaragua and Belize are among the regional countries that were most affected by the fall in world oil prices, which eliminates the financing option of Petrocaribe.
“The fall in oil prices is more complex for the members of Petrocaribe than for other crude importers,” said Cheasty.