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Agriculture Ministry Gets Additional $1 Billion To Boost Food Security
The Ministry of Industry, Commerce, Agriculture and Fisheries has been allocated an additional $1 billion in budgetary support, to boost food security and assist small farmers for the 2020/2021 financial year. Speaking at a virtual town hall meeting on May...
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CLA Facilitating Import And Export Of Cannabis As It Awaits Regulations
The Cannabis Licensing Authority (CLA) has put in place protocols to facilitate the import and export of cannabis by licensees, as it awaits promulgation of the Dangerous Drugs (Cannabis Import and Export Licensing) Regulations 2020. State Minister in the Ministry of Industry, Agriculture and Fisheries (MICAF), Hon. Floyd Green, said that the third draft of the regulations has been reviewed...
Development Continues: UDC Construction and Planning Ongoing Despite Setbacks
The Urban Development Corporation (UDC) supports the Government of Jamaica’s thrust towards restarting and ramping up work in the construction sector for economic stimulation and growth during this time. UDC projects are advancing despite challenges posed by the efforts to stop the spread of the novel Coronavirus (COVID-19) in Jamaica. The Corporation, in its commitment to continuing these development projects...
Labour Ministry Satisfied With Distribution Of Relief Items To St. Mary Communities
Minister of State in the Ministry of Labour and Social Security, Hon. Zavia Mayne, says the distribution of care packages to residents in quarantined communities in St. Mary is working well. “I am very satisfied that we have the formula. We have the boots on the ground and we have covered this space within a reasonable time, so I am...
Bank Of Jamaica Reduces Both Domestic And Foreign Currency Cash Reserve Requirements
Bank of Jamaica has reduced the cash reserve requirements of deposit-taking institutions (DTIs) by two percentage points, effective 15 May 2020. The foreign currency cash reserve requirement has been reduced to thirteen per cent (13%) while the domestic currency cash reserve requirement has been reduced to five per cent (5%). These reserve requirements are the amount of money that DTIs...
Most COVID-19 Cases Are Asymptomatic
Chief Medical Officer, Dr. Jacquiline Bisasor McKenzie, has reported that the majority of persons who contracted the Coronavirus (COVID-19) in Jamaica are asymptomatic. “Our experience with COVID-19, so far, is that very few persons get ill,” Dr. Bisasor McKenzie said, at a virtual press conference in Kingston on May 13. “So far, of the 509 positive cases we have seen,...
Reopening Economy Vital
The Government has emphasised that reopening of the economy is imperative, even as the country fights the coronavirus (COVID-19). “At some point, we’re going to have to gradually move back to a place where persons can lead normal lives, even with COVID present in the population, and so it [reopening the economy] really is an attempt to start a process,...
