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Finance and Planning Minister, Dr. the Hon. Peter Phillips, addressing the Private Sector Organization of Jamaica (PSOJ) annual economic forum, which was held at the Jamaica Pegasus Hotel, New Kingston, on July 7, under the theme: ‘Imperatives for Growth – Options and Opportunities’.

Finance Minister Confident of Passing Ninth IMF Review

Finance and Planning Minister, Dr. the Hon. Peter Phillips, remains confident that Jamaica will pass the ninth review under the International Monetary Fund’s (IMF) four-year Extended Fund Facility (EFF). Speaking at a Private Sector Organization of Jamaica (PSOJ) annual economic...

Co-Chair of the Economic Programme Oversight Committee (EPCO), Richard Byles, says the country should not be significantly impacted by the financial crisis in Greece. He was speaking to journalists at the EPOC’s monthly press briefing in Kingston, on July 6.

Financial Situation in Greece Will Not Significantly Impact Jamaica – EPOC Co-Chair

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, outlines economic indicators for April and May, which showed that the Government exceeded budgeted targets for the period . He was speaking to journalists at the EPOC’s monthly press briefing in Kingston on Monday, July 6.

Strong Fiscal Performance Continues – Richard Byles

Finance and Planning Minister, Dr. the Hon. Peter Phillips (left), and Ambassador of the Bolivarian Republic of Venezuela to Jamaica, Her Excellency Maria Jacqueline Mendoza Ortega, peruse the programme for Monday’s (June 29) commemorative reception to mark the 10th anniversary of the signing of the signing of the PetroCaribe Energy Cooperation Agreement, at the Petroleum Corporation of Jamaica’s (PCJ) Auditorium, Trafalgar, New Kingston.

Jamaica Has Benefited From US$3 Billion Under Petrocaribe

Prime Minister, the Most Hon. Portia Simpson Miller (left), exchanges warm greetings with Chairman, National Commercial Bank (NCB) Group of Companies, Michael Lee Chin, at the NCB Foundation’s $1 Billion Donation celebration held on June 25, at the Terra Nova Hotel in Kingston. Sharing the moment is Chief Executive Officer, NCB Foundation, Nadeen Matthews.

Govt Pressing Ahead With ERP – PM

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11 years ago Finance & Public Service

Quarterly Gross Domestic Product (GDP) for the First Quarter of 2015

During the first quarter of 2015, the Jamaican economy grew by 0.4 per cent when compared to the similar quarter of 2014. This growth was due mainly to a 0.6 per cent increase in the Services industries. All industries within the services industries recorded increased levels of output with the exception of Electricity & Water Supply and Producers of Government...

11 years ago Finance & Public Service

Country Attracts US$551 Million in FDIs

President of Jamaica Promotions Corporation (JAMPRO), Diane Edwards, says the country performed creditably in attracting $64 billion (US$551 million) in Foreign Direct Investments (FDIs) during 2014, despite this figure being a seven per cent decline over 2013 inflows. The fall in the figure, contained in the United Conference on Trade and Development’s (UNCTAD) 2015 World Investment Report (WIR15), is largely...

Director of the Compliance and Regulatory Division of the Betting Gaming and Lotteries Commission (BGLC), Laurie Wiggan, highlights assistance being provided to licensees to meet requirements under the Proceeds of Crime Act (POCA), during a recent JIS Think Tank.

11 years ago Finance & Public Service

BGLC Assisting Licensees to Become Compliant with Proceeds of Crime Act

The Betting Gaming and Lotteries Commission (BGLC) is working closely with gaming lounge operators to ensure that their establishments are in compliance with the requirements under the Proceeds of Crime Act (POCA). The legislation aims to strengthen the framework for combating money laundering and financing of terrorism in Jamaica. As a designated non-financial institution (DNFI) under POCA, gaming operators have...

Minister without portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley (left), addresses stakeholders at last year’s Betting, Gaming and Lotteries Commission (BGLC) inaugural Gaming Industry Summit, held at the Jamaica Conference Centre, downtown Kingston on May 29, 2014. Also pictured is: Executive Director of the BGLC, Andral Shirley.

11 years ago Finance & Public Service

Dalley to Address Gaming Industry Summit June 18

Minister without portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, will deliver the keynote address at the second annual Gaming Industry Summit, scheduled for June 18 at the Jamaica Conference Centre, in downtown Kingston. Mr. Dalley is expected to address some 400 local and international experts and key stakeholders in the industry on the topic: ‘Facing the...

Finance and Planning Minister, Dr. the Hon Peter Phillips. (FILE)

11 years ago Finance & Public Service

Cabinet Approves Development Orders for Integrated Resorts

Cabinet has given approval for Provisional Development Orders to be issued to Harmony Cove Limited and Celebration Jamaica Development Limited as approved integrated resort developers. Harmony Cove Limited is expected to spend US$970 million in phase one of the project and create 1,237 direct jobs during construction and 2,706 direct full time jobs, once operations commence. Celebration Jamaica Development Limited...

Leader of the Opposition, Dr. Peter Phillips.

11 years ago Finance & Public Service

Significant Progress Under ERP – Dr. Phillips

Finance and Planning Minister, Hon. Dr. Peter Phillips, says that considerable progress has been made under the Economic Reform Programme (ERP) and the Government is committed to ensuring that those gains are protected and sustained. Dr. Phillips was speaking in a national broadcast on Tuesday (June 16) on the progress of the ERP and the status of the economy. He...

11 years ago Finance & Public ServiceJamaican Diaspora

VMBS Head Reaffirms Commitment to Country’s Development

President and Chief Executive Officer (CEO) of Victoria Mutual Building Society (VMBS), Richard Powell, is reaffirming his company’s commitment to support Jamaica’s development, particularly the social sector. Mr. Powell, who delivered brief remarks during a VMBS-sponsored power breakfast at the Hilton Rose Hall Resort, in Montego Bay, St. James, on June 16, said the financial institution takes its corporate responsibilities...