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Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles.

Jamaica on Course to Pass 6th IMF Review – EPOC

Jamaica has successfully met and surpassed all targets for September under its Extended Fund Facility (EFF) with the International Monetary Fund (IMF). Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, told journalists at its monthly press briefing on...

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 (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

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11 years ago Finance & Public Service

STATIN Reports 11 Per Cent Decline in Unemployment

The Statistical Institute of Jamaica (STATIN) is reporting an 11 per cent decline in the unemployment rate for July compared with the similar period last year. In its July 2014 Labour Force Survey, STATIN says there were 179,000 unemployed persons in the country compared to 201,600 in July 2013. Unemployment among youth age 14-24 was recorded at 34.1 per cent...

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...

Leader of the Opposition, Dr. Peter Phillips.

11 years ago Finance & Public Service

Dr. Phillips to Tour New York Stock Exchange

Finance and Planning Minister, Hon. Dr. Peter Phillips, is slated to tour the New York Stock Exchange (NYSE) on Thursday, October 30, and meet with 50 of the most prominent members of the New York financial community. The tour is part of the Minister’s three-day visit to the city from October 29 to 31. While at the NYSE Minister Phillips...

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...