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Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (centre), emphasises a point while addressing journalists during a media round-table forum on Friday (September 20) at the Ministry’s offices in Kingston. Listening (from left) are outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan; and newly appointed Resident Representative, Karim Youssef.
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (centre), emphasises a point while addressing journalists during a media round-table forum on Friday (September 20) at the Ministry’s offices in Kingston. Listening (from left) are outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan; and newly appointed Resident Representative, Karim Youssef.

Drafting Instructions Prepared For Fiscal Council

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says drafting instructions are being prepared for issue to the Chief Parliamentary Counsel (CPC) to facilitate the establishment of the proposed Fiscal Council. “I have given a public commitment...
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (right), addresses journalists during a media round-table forum on Friday (September 20), at the Ministry’s offices in Kingston. Listening is outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan.
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (right), addresses journalists during a media round-table forum on Friday (September 20), at the Ministry’s offices in Kingston. Listening is outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan.

Significant Achievements Under IMF Programmes – Dr. Clarke
(FILE) Former International Monetary Fund (IMF) Managing Director, Christine Lagarde, addresses the Sixth IMF High Level Caribbean Forum held at The Jamaica Pegasus hotel in New Kingston on Thursday (November 16, 2017).
(FILE) Former International Monetary Fund (IMF) Managing Director, Christine Lagarde, addresses the Sixth IMF High Level Caribbean Forum held at The Jamaica Pegasus hotel in New Kingston on Thursday (November 16, 2017).

Former IMF Boss Praises Jamaica
President of the Jamaica Civil Service Association (JCSA), O’Neil Grant, addresses JIS ‘Think Tank’, at the agency’s Montego Bay Regional Office in St. James, on Monday, September 09.
President of the Jamaica Civil Service Association (JCSA), O’Neil Grant, addresses JIS ‘Think Tank’, at the agency’s Montego Bay Regional Office in St. James, on Monday, September 09.

JCSA Pushes for Paternity Leave
President of the Jamaica Civil Service Association (JCSA), O’Neil Grant, addresses JIS ‘Think Tank’, at the agency’s Montego Bay Regional Office in St. James, on Monday, September 09.
President of the Jamaica Civil Service Association (JCSA), O’Neil Grant, addresses JIS ‘Think Tank’, at the agency’s Montego Bay Regional Office in St. James, on Monday, September 09.

JCSA Garners Benefits for Public-Sector Workers

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), converses with Project Consultant, Development Bank of Jamaica (DBJ) Venture Capital Programme, Audrey Richards (right), during the DBJ’s Private Equity Conference at The Jamaica Pegasus hotel in New Kingston on June 11. Looking on (from second left) are DBJ Managing Director, Milverton Reynolds; and General Manager for the Bank’s Public-Private Partnerships and Privatisation Division, Denise Arana.
DevelopmentFinance & Public Service

DBJ to Stage Second Equity Financing Workshop September 18

The Development Bank of Jamaica’s (DBJ) Venture Capital Unit will host the second in a series of training workshops for Business Services Intermediaries (BSIs) on September 18 at the Spanish Court Hotel in New Kingston. Discussions will focus on the topic “Introduction to Equity Financing”. The workshop is geared towards business enablers, including consultants and professionals, who facilitate, train and...
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Newly appointed Bank of Jamaica (BOJ) Governor, Richard Byles (left), speaks at Thursday’s (August 29) quarterly briefing at the BOJ, in downtown Kingston. To his left is Senior BOJ Deputy Governor, John Robinson.
Economic Growth & Infrastructure DevelopmentFinance & Public Service

BOJ Governor Says Prospects for Economy Remain Positive

Bank of Jamaica (BOJ) Governor, Richard Byles, says prospects for the economy remain positive. Speaking at the Central Bank’s quarterly briefing at the BOJ in downtown Kingston on August 29, the newly appointed Governor said the positive outlook remains, despite “headwinds” and “clouds of uncertainty” arising from the global economy. “Domestic economic activity continues to show signs of recovery, although...
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Newly appointed Bank of Jamaica (BOJ) Governor, Richard Byles (centre), addresses journalists during Thursday’s (August 29) quarterly briefing at the BOJ in downtown Kingston. With the Governor (from left) are BOJ Deputy Governors, Dr. Wayne Robinson and John Robinson.
Economic Growth & Infrastructure DevelopmentFinance & Public Service

Governor Says A Great Foundation Has Been Laid on Which to Build

Newly appointed Bank of Jamaica (BOJ) Governor, Richard Byles, says a “great foundation” for enhanced economic growth has been laid on which to build. “I am proud of the hard work that we have done across political administrations to move the economy forward. I am inspired to take the baton from [my predecessor] Governor [Brian] Wynter and play my part...
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Newly appointed Bank of Jamaica (BOJ) Governor, Richard Byles (centre), addresses journalists during Thursday’s (August 29) quarterly briefing at the BOJ, in downtown Kingston. With the Governor (from left) are BOJ Deputy Governors, Dr. Wayne Robinson, and John Robinson.
Finance & Public Service

16.8 % Increase In Credit Extended to Private Businesses

The Bank of Jamaica (BOJ) is reporting a 16.8 per cent increase in credit extended by deposit-taking institutions (DTIs) to private-sector businesses and households over the 12-month period to June 2019. Newly appointed Governor, Richard Byles, says this out-turn exceeded the 12.3 per cent recorded at the end of June 2018. He was speaking at the Central Bank’s quarterly briefing...
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Finance & Public Service

BOJ Lowers Interest Rate on Overnight Deposits

The Bank of Jamaica (BOJ) has further reduced the policy interest rate on deposit-taking institutions’ overnight placements by 25 basis points to 0.50 per cent, effective Wednesday, August 28. In a statement on Tuesday (August 27), the BOJ said the decision reflects its assessment that inflation is projected to average 4.3 per cent over the next eight quarters, which is...
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