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Governor of the Bank of Jamaica (BOJ), Brian Wynter (left), addresses the media at the Bank’s quarterly press briefing at its headquarters in downtown, Kingston, on March 7. At right is Senior Deputy Governor, John Robinson.
Governor of the Bank of Jamaica (BOJ), Brian Wynter (left), addresses the media at the Bank’s quarterly press briefing at its headquarters in downtown, Kingston, on March 7. At right is Senior Deputy Governor, John Robinson.

BOJ Governor Calls for Focus on Increasing Investments

Governor of the Bank of Jamaica (BOJ), Brian Wynter, says focus must be placed on increasing investments in order for the country to achieve higher rates of sustainable growth. “We have to see investments to see growth. Investments have to...
Director General of the Planning Institute of Jamaica (PIOJ), Mr. Colin Bullock, addresses the PIOJ quarterly economic press briefing, on Thursday, March 3, at the PIOJ headquarters on Oxford Road, in Kingston.
Director General of the Planning Institute of Jamaica (PIOJ), Mr. Colin Bullock, addresses the PIOJ quarterly economic press briefing, on Thursday, March 3, at the PIOJ headquarters on Oxford Road, in Kingston.

Positive Economic Outlook for Current Quarter – PIOJ
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.

Gov’t Should Maintain Fiscal Policies After IMF Agreement Ends – Byles
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.

Tax Revenue $6.6 Billion Above Budget
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.

Jamaica Surpasses IMF Primary Surplus and NIR Targets

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Finance & Public ServiceMining

DBJ Funding Available For Mining Entities

The Development Bank of Jamaica (DBJ) is reminding entrepreneurs in the mining industry that they can access funding through the bank’s credit facility for small and medium-sized enterprises (SMEs). Account Executive at DBJ, Mark McKenzie, informed that through its network of approved financial institutions (AFIs), the DBJ guarantees loans of up to 80 per cent for entities, up to a...
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Managing Director of the Development Bank of Jamaica (DBJ), Milverton Reynolds, addresses the launch of the Private Sector Organization of Jamaica’s (PSOJ) Corporate Governance Code for Micro, Small and Medium-sized Enterprises (MSMEs) on February 12, at the PSOJ head office in Kingston.
Finance & Public Service

DBJ Partners with PSOJ to Provide Technical Support to SMEs

The Development Bank of Jamaica (DBJ) is partnering with the Private Sector Organisation of Jamaica (PSOJ) for the management of the DBJ’s Voucher for Technical Assistance (VTA) programme. The entities recently signed a Memorandum of Understanding (MoU) to outline details of the arrangement, under which Small and Medium-sized Enterprises (SMEs) will be able to access a variety of business support...
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Leader of the Opposition, Dr. Peter Phillips.
Finance & Public Service

No Wide-Scale Redundancies in Public Sector – Dr. Phillips

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, has reiterated that there will be no wide-scale redundancies within the public sector. “There is no such plan,” Dr. Phillips asserted, while speaking in the House of Representatives, recently. He noted, however, that a number of posts within the civil service have been abolished and there are plans to abolish...
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Minister of Finance and Planning, Dr. the Hon. Peter Phillips (centre), displays the 2015 Latin America Bond Deal of the Year Award at the International Financing Review (IFR) award ceremony, held on February 10, at the headquarters of the IFR in Times Square, Manhattan, New York. Sharing in the occasion (from left) are: Thompson Reuters Bureau Chief of the Americas, John Doran; Managing Director and Head of Latin America Capital Markets Organization, Citi Global Group, Christopher Gilford; Technical Advisor to Minister Phillips, Helen McIntosh; Financial Secretary, Donovan Rowe; Dian Black of the Ministry of Finance, and Maxim Vernon from Merrill Lynch.
Finance & Public ServiceJamaican Diaspora

Bond Deal of the Year Award Shows Confidence in Country – Finance Minister

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the Latin America  Bond Deal of the Year award given to Jamaica by the International Financing Review (IFR), shows  the level of confidence which  the  international community has in  the country. Accepting the award at the IFR 2015 America’s Award ceremony, at the IFR headquarters in Time Square, Manhattan, on...
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Chairman, Development Bank of Jamaica (DBJ), Joseph M. Matalon (left), having a light exchange with (from second left), Country Representative, Inter-American Development Bank (IDB), Therese Turner-Jones; and Managing Director, DBJ, Milverton Reynolds. Occasion was the signing ceremony for a new US$3.5 million Technical Co-operation Agreement (TCA) between the DBJ and the IDB-Multilateral Investment Fund, at the Jamaica Pegasus Hotel in Kingston, on February 4.
CommerceFinance & Public Service

Jamaica Hailed for Taking Lead in Venture Capital

Country Representative, Inter-American Development Bank (IDB), Therese Turner-Jones, has hailed Jamaica  for  leading the way in the development of a venture capital eco-system in the Caribbean. “What we are witnessing is the evolution of the development of the eco-system for venture capital and angel investors in providing more opportunities for small and medium entrepreneurs to thrive in Jamaica,” she said....
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Finance & Public Service

National Arena to be Refurbished

The Government  is to spend $60 million to  refurbish the National Arena, which is expected to begin soon. Funding  will be provided by the Ministry of Finance and Planning and the Tourism Enhancement Fund (TEF), each  allocating $30 million. “There is definitely some work to be done there - upgrading of the bathrooms, windows and doors, the air condition unit,...
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