President of Jamaica Promotions Corporation (JAMPRO), Diane Edwards, says Jamaica’s economy is poised to bounce back from the negative effects of the coronavirus (COVID-19) and should see growth by 2022. In a virtual meeting held by JAMPRO, in association with The Business Year (TBY), today (January 20), Ms. Edwards said there are companies looking to diversify their supply and delivery...

Senator the Hon. Aubyn Hill, Minister in the Ministry of Economic Growth and Job Creation, was paid a courtesy call by the new High Commissioner of India to Jamaica, H.E. Shri Mazakui. The meeting took place on Tuesday December 29, 2020 at the Ministry’s offices at 25 Dominica Drive. Minister Hill, who had served both as Non-Resident High Commissioner for...

Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Aubyn Hill, says he is pleased that Jamaica has maintained its B+ credit rating despite the economic impact of the coronavirus (COVID-19) pandemic. “This week, S&P (Standard and Poor’s Ratings Agency) released their update on Jamaica where they are maintaining the credit rating of Jamaica’s...

The Bank of Jamaica (BOJ) is maintaining the interest rate offered on deposit-taking institutions' overnight placements, at 0.50 per cent. In a statement on Friday (December 18), the Central Bank said this policy decision is based on its assessment that inflation will generally continue to remain in the 4-6 per cent target range over the next two years. This is...

The National Housing Trust (NHT) is projected to spend $58 billion in the 2021/2022 financial year, and another $65 billion in the ensuing fiscal period, as it continues to provide affordable housing solutions for Jamaicans. This was disclosed by Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Aubyn Hill, while piloting the National...

Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, says the Administration remains focused on strengthening governance institutions and mechanisms, towards achieving improved government effectiveness. He said this is deemed critical to Jamaica’s post-coronavirus (COVID-19) recovery, to ensure that no citizen is left behind. Dr. Henry pointed out that this is among the areas that the Administration...

Senator the Hon. Aubyn Hill, Minister without Portfolio in the Ministry of Economic Growth and Job Creation, welcomed the new Board of Commissioners of the National Water Commission during a meeting at the Courtleigh Hotel on Tuesday, November 24, 2020. Minister Hill charged the Board to examine all options, especially corporatization and privatization of the National Water Commission to bring...