Cabinet has approved the fourth Medium Term Socio-Economic Policy Framework (MTF), which underpins implementation of the country’s long-term National Development Plan – Vision 2030 Jamaica. This was disclosed by Planning Institute of Jamaica (PIOJ) Director General, Dr. Wayne Henry, during the agency’s recent quarterly media briefing at the PIOJ’s head office in New Kingston. Vision 2030 Jamaica seeks to reposition...

Real estate renting and business activities, and hotels and restaurants were among the sectors recording the highest increases in employment among the 1,232,700 persons holding jobs as at January 2019. This was disclosed by Planning Institute of Jamaica (PIOJ) Director General, Dr. Wayne Henry, who also indicated that the unemployment rate fell by 1.6 percentage points to eight per cent,...

Approximately 160,000 additional jobs are expected to be created during the production stage of a newly patented nutraceutical being championed by the National Commission on Science and Technology (NCST). The product, Zon Teasan, which was a plant researched through collaboration with the NCST, Northern Caribbean University and a number of other international tertiary institutions, will be launched on June 24...

The Nathan Ebanks Foundation (NEF) will stage its third Family Expo and Special Resource Fair on Saturday, May 25 on the grounds of Hope Gardens in St. Andrew from 11:00 a.m. to 6:00 p.m. Speaking with JIS News during an interview recently, President and Founder of the NEF, Christine Staple-Ebanks, said the event provides a unique platform for families and...

The Planning Institute of Jamaica (PIOJ) is reporting that the economy grew by an estimated 1.5 per cent during the January to March 2019 quarter, with projections for up to two per cent growth for April to June. Director General, Dr. Wayne Henry, said that the first-quarter calendar year resulted from an estimated 1.8 per cent increase in the goods...

The Government has allocated an additional $100 million for the trucking of water and distribution of tanks to parishes affected by the current dry spell. These parishes include Kingston, St. Andrew, Portland, St. Mary and St. Elizabeth. Prime Minister, the Most Hon. Andrew Holness, made the announcement during the sitting of the House of Representatives on May 21. He said...

The country has performed well in several key areas of the economy over the last three years. This is according to Chairman of the Economic Growth Council (EGC), Michael Lee-Chin, who noted that since 2016, debt to gross domestic product (GDP) has fallen from 147 per cent to under 100 per cent, net international reserves (NIR) is now greater than...