Eleven members of the World Bank Group (WBG) Board of Executive Directors will pay a two-day visit to Jamaica from Thursday (September 14) to Saturday, (September 16). The delegation, representing 98 member countries from the Caribbean, Latin America, North America, Europe, Africa, Middle East, Asia, and the Pacific, will discuss Jamaica’s development priorities, emerging opportunities and challenges. They will also...

Eleven members of the World Bank Group’s (WBG) Board of Executive Directors, representing 98 member countries from the Caribbean, Latin America, North America, Europe, Africa, Middle East, Asia, and the Pacific, will undertake a two-day visit to Jamaica. The delegation will discuss Jamaica’s development priorities, emerging opportunities and challenges, as well as WBG engagement in support of the country’s efforts...

Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, is optimistic that the economy will recover from setbacks caused by flood rains between March and June this year, to generate higher growth than the 0.3 per cent out-turn recorded for the April to June quarter. Speaking at the PIOJ’s quarterly media briefing at the agency’s New Kingston...

Minister of Finance and the Public Service, Hon. Audley Shaw, says building of the North-South Highway has opened up business opportunities for Port Royal, and investors should seize the moment. Mr. Shaw, who was delivering the keynote address at the commissioning of a Jetty at the Port Royal Sufferance Wharf, run by the Jamaica Customs Agency (JCA), on August 30,...

The Planning Institute of Jamaica (PIOJ) is reporting that the country grew by an estimated 0.3 per cent for the April to June 2017 quarter. It has also noted that the country has now recorded 10 consecutive quarters of positive economic growth. Director General, Dr. Wayne Henry, says growth in the June 2017 quarter reflects a 1.2 per cent increase...

Minister of Finance and the Public Service, Hon. Audley Shaw, has informed that the debt trajectory under the Government’s economic programme is expected to fall to 108.6 per cent of the gross domestic product (GDP) by the end of the 2017/18 fiscal year. Currently, the debt trajectory stands at 115 per cent of GDP. Speaking at a press conference at...

Finance and the Public Service Minister, Hon. Audley Shaw, has been named Finance Minister of the Year for the Caribbean by the GlobalMarkets newspaper. The publication focuses on the International Monetary Fund, World Bank, European Bank for Reconstruction and Development, Asian Development Bank, and the Inter-American Development Bank annual meetings Managing Editor of the publication, Toby Fildes, noted that Mr....