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Finance and Public Service Minister, Hon. Audley Shaw (left), makes a point to International Monetary Fund (IMF) Staff Mission Team Head to Jamaica, Dr. Uma Ramakrishnan (2nd left), during Friday’s (May 20) IMF quarterly review media briefing at the Ministry’s offices in Kingston. Others (from third left) are: IMF Representative to Jamaica, Dr. Bert Van Selm; and Bank of Jamaica (BoJ) Governor, Brian Wynter.
Finance and Public Service Minister, Hon. Audley Shaw (left), makes a point to International Monetary Fund (IMF) Staff Mission Team Head to Jamaica, Dr. Uma Ramakrishnan (2nd left), during Friday’s (May 20) IMF quarterly review media briefing at the Ministry’s offices in Kingston. Others (from third left) are: IMF Representative to Jamaica, Dr. Bert Van Selm; and Bank of Jamaica (BoJ) Governor, Brian Wynter.

Jamaica on Course for IMF Drawdown of US$80 Million

Jamaica is on course for a 12th drawdown, totalling US$80 million, from the International Monetary Fund (IMF). The country has met all targets under the Extended Fund Facility (EFF) for the December 2015 and March 2016 quarters, which were reviewed...
Minister of Finance and Public Service, and outgoing chairman of the Caribbean Development Bank’s (CDB) Board of Governors, Hon. Audley Shaw (right), converses with CDB President, Dr. Warren Smith (left); and incoming chairman, Minister of Finance, Investment and Trade in the Turks and Caicos Islands, the Hon. Charles Misick. The occasion was the closing ceremony of the 46th annual meeting of the CDB’s Board of Governors at the Montego Bay Convention Centre on Thursday, May 19.
Minister of Finance and Public Service, and outgoing chairman of the Caribbean Development Bank’s (CDB) Board of Governors, Hon. Audley Shaw (right), converses with CDB President, Dr. Warren Smith (left); and incoming chairman, Minister of Finance, Investment and Trade in the Turks and Caicos Islands, the Hon. Charles Misick. The occasion was the closing ceremony of the 46th annual meeting of the CDB’s Board of Governors at the Montego Bay Convention Centre on Thursday, May 19.

CDB Countries Agree to Accelerate Economic Reforms
Prime Minister, the Most Hon. Andrew Holness (left), is in discussion with Grenada’s Prime Minister, the Right Hon. Dr. Keith Mitchell (right), at the Caribbean Development Bank’s (CDB) Board of Governors Meeting at the Montego Bay Convention on May 18. At centre is Minister of Finance and Public Service, Hon. Audley Shaw.
Prime Minister, the Most Hon. Andrew Holness (left), is in discussion with Grenada’s Prime Minister, the Right Hon. Dr. Keith Mitchell (right), at the Caribbean Development Bank’s (CDB) Board of Governors Meeting at the Montego Bay Convention on May 18. At centre is Minister of Finance and Public Service, Hon. Audley Shaw.

CDB Delegates Hail First Class Hospitality
Chief Executive Officer of the United Nations (UN) Sustainable Energy for All, Rachel Kyte, delivers the William G. Demas Memorial Lecture, during the Caribbean Development Bank’s (CDB) 46th Annual Board of Governors Meeting at the Iberostar Resort in Lilliput, St. James on May 17.
Chief Executive Officer of the United Nations (UN) Sustainable Energy for All, Rachel Kyte, delivers the William G. Demas Memorial Lecture, during the Caribbean Development Bank’s (CDB) 46th Annual Board of Governors Meeting at the Iberostar Resort in Lilliput, St. James on May 17.

UN Ready to Help Region Secure Clean Energy Future
Minister of Finance and Public Service, Hon. Audley Shaw (left), listens to a point from President of the Caribbean Development Bank (CDB), Dr. Warren Smith (right), at the opening ceremony of the CDB’s 46th Annual Meeting of Board of Governors at the Montego Bay Convention Centre in St. James on May 18. At centre is Financial Secretary, Devon Rowe.
Minister of Finance and Public Service, Hon. Audley Shaw (left), listens to a point from President of the Caribbean Development Bank (CDB), Dr. Warren Smith (right), at the opening ceremony of the CDB’s 46th Annual Meeting of Board of Governors at the Montego Bay Convention Centre in St. James on May 18. At centre is Financial Secretary, Devon Rowe.

Public-Private Partnerships Critical for Growth – Minister Shaw

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Finance & Public Service

CDB Provides US $781 Million in Support to Jamaica

Jamaica was the largest beneficiary of the US$4.8 billion in approved loans and grants disbursed by the CDB between 1970 and 2015, having received US$781 million or 16.4 per cent of the sum. President of the Bank, Dr. Warren Smith, tells JIS News that the allocation funded projects in micro, small and medium-size enterprises (MSMEs); social infrastructure; environmental sustainability/disaster risk...
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Finance and Public Service Minister, Hon. Audley Shaw (right), listens as President of the Caribbean Development Bank (CDB), Dr. Warren Smith, addresses the closing press conference of the 46th annual meeting of the Board of Governors of the Caribbean Development Bank (CDB) on May 19 at the Montego Bay Convention Centre, in St. James.
Finance & Public Service

Finance Minister Pleased With Outcomes of CDB Meeting

Minister of Finance and the Public Service, Hon. Audley Shaw, says he is satisfied with the discussions and outcomes of the 46th annual meeting of the Board of Governors of the Caribbean Development Bank (CDB), which ended today (May 19).             Addressing the closing press conference at  the Montego Bay Convention Centre, in St. James,  said participants were involved in...
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Caribbean Development Bank (CDB) President, Dr. Warren Smith, addresses the 46th annual CDB Board of Governors meeting at the Montego Bay Convention Centre, Rose Hall, St. James on May 18.
Finance & Public Service

Jamaica Emerging as Shining Example – CDB President

President of the Caribbean Development Bank (CDB), Dr. Warren Smith, says Jamaica is emerging as a shining example of a country that has weathered the storm of severe austerity and is now on the road to economic stability. Addressing the CDB’s 46th annual meeting of Board of Governors at the Montego Bay Convention Centre, Rose Hall, St. James on May...
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General Manager of the Jamaica National Building Society, Earl Jarrett, addresses the Caribbean Development Bank’s (CDB) Special Delegates Luncheon at the Hyatt Ziva Rose Hall in Montego Bay on May 17.
Finance & Public Service

Caribbean Urged to Unite to Address Challenges

General Manager of Jamaica National, Earl Jarrett, is advocating for Caribbean countries to unite to overcome economic stagnation and threats to their individual economies. He noted that the Caribbean is one space, with a collective history and a common cause, and this demands a single response to the multilaterals and trade and security issues. Mr. Jarrett was delivering the main...
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Minister of Finance and Public Service, Hon. Audley Shaw (left), listens to a point from President of the Caribbean Development Bank (CDB), Dr. Warren Smith (right), at the opening ceremony of the CDB’s 46th Annual Meeting of Board of Governors at the Montego Bay Convention Centre in St. James on May 18. At centre is Financial Secretary, Devon Rowe.
Finance & Public Service

CDB Head Says Region Needs Higher, Sustainable Growth

President of the Caribbean Development Bank (CDB), Dr. Warren Smith, is urging member states to pursue strategies that will promote higher and more sustainable levels of growth in order to successfully transform their economies. Dr. Smith was addressing the 46th annual meeting of the Caribbean Development Bank (CDB) at the Montego Bay Convention Centre in St. James yesterday (May 18). He...
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Minister of Finance and the Public Service, Hon. Audley Shaw, addresses the Caribbean Development Bank’s (CDB) 46th Annual Board of Governors Meeting at the Montego Bay Convention Centre on May 18.
Finance & Public Service

Take Advantage of Low Oil Prices – Minister Shaw

Minister of Finance and the Public Service, Hon. Audley Shaw, says the countries in the region should take advantage of the relatively low oil prices to implement meaningful reforms in the energy sector that will increase the resilience of their economies to oil price shocks. These reforms, he said, include increasing investments in renewables and energy-efficiency and conservation projects. Minister...
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