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(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

Former Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has praised Jamaica for the “remarkable” accomplishments under its financial arrangements with the Fund, which have now concluded. “Through two programmes, two different administrations with very strong commitment, you...
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
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.
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.

DBJ to Stage Second Equity Financing Workshop September 18
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.
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.

BOJ Governor Says Prospects for Economy Remain Positive

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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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Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, speaks during Monday’s (August 26) quarterly briefing at the PIOJ’s head office in New Kingston.
Finance & Public Service

Policy Certainty is Key to Safeguard Country Against Any Recession – PIOJ Head

Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, says policy certainty is among the measures which will be key in safeguarding the country against the possible emergence of another global economic recession. “The intensity of any global recession is usually exacerbated by policy uncertainty. As such, policymakers have a critical responsibility to ensure that there is...
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Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, speaks during Monday’s (August 26) quarterly briefing at the PIOJ’s head office in New Kingston.
Finance & Public Service

Growth of 1 % for April-to-June Quarter

The Planning Institute of Jamaica (PIOJ) is reporting an estimated one per cent first quarter fiscal year growth for April to June 2019. Director General, Dr. Wayne Henry, says the out-turn, buoyed primarily by a 1.4 per cent expansion of the Services Industry, extends Jamaica’s growth trend to 18 consecutive quarters or four and a half years, despite the overall...
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