International Monetary Fund (IMF) Managing Director, Christine Lagarde, says stronger economic growth is the essential foundation for a more resilient Caribbean. She noted that economic growth in the region has been low for several decades and this has led to rising social and economic challenges, including poverty, inequality, unemployment and crime. Ms. Lagarde said there is no one explanation for...

International Monetary Fund (IMF) Managing Director, Christine Lagarde, is hailing the Government for its effort to improve Jamaica’s economic outlook. Mrs. Lagarde commended Jamaica for stabilising the macroeconomic climate, reducing its debt levels, setting fiscal precedence for the rest of the region and increasing the rate of employment. “The resolve of the Jamaican authorities... has been critically important to arrive...

Jamaica is being lauded for its continued commitment to achieving sustained growth through the institution of economic reform strategies and programmes across Administrations. This praise comes from Dean, Stern Business School, New York University, Professor Peter Henry, who was speaking at the Sixth International Monetary Fund (IMF) High Level Caribbean Forum at The Jamaica Pegasus hotel in New Kingston on...

The Jamaica Customs Agency (JCA) is inviting residents of Portland to attend its ‘Customs in the Community’ event to be held at the Old Marina, Port Antonio, on Friday (November 17) from 10:30 a.m. to 2:30 p.m. Director of Public Relations and Customer Service, JCA, La Donna Manning, told JIS News that the event is the third in the series...

Prime Minister, the Most Hon. Andrew Holness, says he is expecting Jamaica to have an improved ranking in the World Bank’s Doing Business Report for next year. For the Doing Business Report 2018, Jamaica has fallen to 70th position, down from a ranking of 67th. Addressing the Sixth International Monetary Fund (IMF) High Level Caribbean Forum held at The Jamaica...

International Monetary Fund (IMF) Managing Director, Christine Lagarde, says her organisation is willing to help the Caribbean countries severely affected by the passage of Hurricanes Irma and Maria. “The IMF stands ready to do whatever it can to help in those situations – in assessing macroeconomic implications, determining financing needs, and providing financial support that would also help catalyse broader...

Prime Minister, the Most Hon. Andrew Holness, is imploring motorists to take advantage of the extended traffic ticket amnesty, which will begin on November 27. This is a continuation of the previous amnesty, which ran from August 2 to October 31. “An amnesty is not only a revenue-collection method. The reason why we put in the amnesty is that we...