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Finance and Planning Minister, Dr. the Hon. Peter Phillips (right), addresses members of the Jamaica-American Chamber of Commerce at a special luncheon, at the Three West Club in Manhattan, New York, this week.

Strict Rule of Fiscal Discipline Will Be Maintained – Finance Minister

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the Government will continue to maintain the strict rule of fiscal discipline, which is necessary to keep the country’s debt on a downward path. Addressing a special luncheon of the...

Finance and Planning Minister, Dr. the Hon. Peter Phillips (centre), with a group of New York investors on the floor of the New York Stock Exchange on Thursday, October 30, while on a tour of the Exchange.

Finance Minister Encourages New York Investors to Make it Jamaica

Finance and Planning Minister, Dr. the Hon. Peter Phillips (at podium), delivers a lecture entitled, ‘Jamaica’s Path to Prosperity’, at the CIN 10th Annual Lecture Series, at the Schomburg Center for Research in Black Culture in Harlem New York, on October 29.

Country More Ready to Secure Sustained Economic Growth – Finance Minister

United States Congresswoman representing New York’s ninth Congressional District, Yvette Clarke, greets Minister of Finance and Planning, Hon. Dr. Peter Phillips, as he arrived at the Schomburg Center for Research in Black Culture in Harlem New York on Wednesday, October 29, to deliver the Caribbean International Network (CIN) lecture on ‘Jamaica’s Path to Prosperity’.

US and JAMAICA Could Partner on Renewable Energy Projects – Congresswoman Clarke

Leader of the Opposition, Dr. Peter Phillips.

Dr. Phillips to Tour New York Stock Exchange

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11 years ago Finance & Public Service

Government Moving Ahead With Merger of JRC and BGLC

The Government of Jamaica is moving ahead with plans to merge the Jamaica Racing Commission (JRC) and the Betting Gaming and Lotteries Commission (BGLC). Minister of Finance and Planning, Dr. the Hon. Peter Phillips, made the disclosure during the sitting of the House of Representatives on Tuesday, October 28. “The merger of the Jamaica Racing Commission and the Betting Gaming...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), along with Minister of Agriculture, Labour and Social Security, Hon. Derrick Kellier (2nd left), unveil a plaque in memory of the late former Minister of Agriculture and Fisheries, Hon. Roger Clarke, at the cassava farm run by Red Stripe, in Bernard Lodge, St. Catherine, during a tour on October 28. Looking on (from third left) are: Project Manager at the farm, Damian Graham, and Red Stripe

11 years ago Finance & Public Service

Finance Minister Hails $150 Million Investment by Red Stripe

The $150 million invested by Red Stripe in local cassava production, to cut much of its imported raw material to its brewery, has been hailed as a move to make Jamaica more competitive and reduce the debt burden. According to Minister of Finance and Planning, Dr. the Hon. Peter Phillips, the Government’s economic reform programme is aimed at putting more...

Director of the International Monetary Fund’s (IMF) Western Hemisphere Department, Aleandro Werner.

11 years ago Finance & Public Service

IMF Director Says High Level Meeting a Success

Director of the International Monetary Fund’s (IMF) Western Hemisphere Department, Aleandro Werner, has declared the high level forum a success in facilitating frank discussion on economic challenges in the region and ways to improve growth, employment and social development goals. The event, held in collaboration with the Government of Jamaica under the theme: ‘Unlocking Economic Growth,’ involved representatives of the...

Professor of Economics and International Business at New York University (NYU) in the Unites States, Nouriel Roubini, addresses participants in a breakfast session held during the International Monetary Fund’s (IMF) High-Level Caribbean Forum at the Montego Bay Convention Centre in Rose Hall, St. James on Friday, October 24.

11 years ago Finance & Public Service

NYU Professor Makes Case for Deepening Regional Integration

Professor of Economics and International Business at New York University (NYU) in the Unites States, Nouriel Roubini, says the Caribbean’s best prospect for sustained macro-economic growth lies in deepening levels of financial sector congruity and trade integration. “There are plenty of challenges in this part of the world and a lot needs to be done. A lot of the work...

President of the Caribbean Development Bank (CDB), Dr. Warren Smith (at podium), addresses the opening ceremony of the 2014 High Level Caribbean Forum at the Montego Bay Convention Centre, in Rose Hall, St. James, on October 23. Seated (from left) are: Vice President of the World Bank, Jorge Familiar; Prime Minister, the Most Hon. Portia Simpson Miller; Deputy Managing Director of the International Monetary Fund (IMF), Dr. Min Zhu; Finance Minister, Dr. the Hon. Peter Phillips and Director of the IMF, Alejandro Werner (both partly hidden).

11 years ago Finance & Public Service

Caribbean Countries Ready to Address Stagnation – CDB President

President of the Caribbean Development Bank (CDB), Dr. Warren Smith, is expressing optimism that Caribbean countries are ready to address the root causes of the economic and social stagnation. Addressing the opening of the International Monetary Fund (IMF) 2014 High Level Caribbean Forum at the Montego Bay Convention Centre, in St. James, on October 23, Dr. Smith said his optimism...

Deputy Managing Director of the International Monetary Fund (IMF), Dr Min Zhu addresses a luncheon hosted by the Montego Bay Chamber of Commerce and Industry in honour of himself and Finance and Planning Minister, Dr the Hon Peter Phillips, at the Half Moon Conference Centre in Rose Hall, Montego Bay, St. James.

11 years ago Finance & Public Service

Robust Financial System Vital For Growth – IMF Official

Deputy Managing Director of the International Monetary Fund (IMF), Dr. Min Zhu, says a robust financial system is vital for sustainable growth in the economies of Caribbean countries. “We have seen from crises elsewhere, how difficult it is for countries to grow if the banking system is under threat. Hence, maintaining strong banks and safeguarding financial stability are key prerequisites...

Finance and Planning Minister , Dr the Hon Peter Phillips (right) in discussion with President of the Business Processing Industry Association of Jamaica (BPIAJ) , Yonni Epstein at a luncheon hosted by the Montego Bay Chamber of Commerce and Industry in honour of the Minister and Deputy Managing Director of the International Monetary Fund (IMF), Dr Min Zhu, at the Half Moon Conference Centre in Rose Hall, Montego Bay, St. James on Wednesday, October 22.

11 years ago Finance & Public Service

More Global Input Needed to Assist Region with Financial Challenges – Dr. Phillips

Finance and Planning Minister, Dr. the Hon. Peter Phillips said there needs to be a coordinated global effort to assist the Caribbean region out of its financial challenges, and push towards sustainable growth and development. Speaking on October 23 at the opening of the two-day 2014 High Level Caribbean Forum being hosted by the International Monetary Fund, (IMF) at the...