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

PM Outlines Impact of High Energy Cost

Prime Minister, the Most Hon. Portia Simpson Miller, says the high cost of energy is the single most deterrent to economic growth in Jamaica and the wider Caribbean. Addressing an International Monetary Fund (IMF) sponsored 2014 High-Level Caribbean Forum at...

Leader of the Opposition, The Most Honourable
Portia Simpson Miller, O.N., M.P. — Leader of the Opposition, The Most Honourable Portia Simpson Miller, O.N., M.P.

Remarks by the Prime Minister at the 2014 High-Level Caribbean Forum

Deputy Managing Director of the International Monetary Fund (IMF), Mr. Min Zhu, addressing students at the Montego Bay Community College in St. James, on Wednesday, October 22. During his address, Mr. Min said Jamaica’s achievements so far under the stand-by arrangement with the Fund has been impressive.

Deputy Managing Director of IMF Commends Jamaica

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, addresses the House of Representatives on Tuesday, October 14. Dr. Phillips tabled the interim report on the Fiscal Policy Paper for the 2014/15 fiscal year. The Fiscal Policy Paper provides information on the economic outturn of the previous financial year; the performance of the first quarter of the financial year; projections to the end of the current financial year; and projections for the succeeding financial year and the medium term.

Finance Minister Presents Positive Report to the House

IMF and Jamaica to Hold High-Level Conference on Growth in the Caribbean

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11 years ago Finance & Public Service

Jamaicans Urged To Become Fluent In Spanish

Jamaicans are being encouraged to become fluent in speaking, reading and writing Spanish, in order to take advantage of the opportunities which are set to open up shortly, by Minister of Finance and Planning, Dr. the Hon. Peter Phillips. Addressing students of the Montego Bay Community College in St. James, on October 22, Dr. Phillips said opportunities in the Information...

11 years ago Finance & Public ServiceLabour

Pensioners to Receive Cheques in New Customer Friendly Format

Beginning this month, pensioners across the island will receive their certificates and cheques from the Accountant General’s Department (AGD) in a new customer friendly pressure sealed format. In an interview with JIS News, Accountant General, Carlene Murdock, said the change is part of an ongoing process of modernization at the AGD. She noted that a Modernization and Programming team at...

11 years ago Finance & Public Service

DBJ Supports ESCO Jamaica Project

The Development Bank of Jamaica (DBJ) has pledged its support for the Energy Services Company (ESCO) Jamaica Project. This project seeks to create the supporting infrastructure for the development of an energy saving industry that will provide sustainable energy solutions. The three-year financing agreement for the project was signed by the European Union (EU) and Government of Jamaica (GoJ), on...

Finance and Planning Minister, Dr. the Hon. Peter Phillips (centre), leads Jamaica’s delegation down Pennsylvania Avenue in Washington, D.C., to the headquarters of the International Monetary Fund (IMF), to attend its annual meeting, last week. To the Minister’s right is Governor of the Bank of Jamaica, Mr. Brian Wynter; and in the back row (from left) are: Mr. Wayne Robinson; Financial Secretary, Mr. Devon Rowe; Ambassador to the United States, His Excellency Stephen Vasciannie; Director General of the Planning Institute of Jamaica (PIOJ), Mr. Colin Bullock, and other support staff.

11 years ago Finance & Public Service

World Bank President to Meet With Ministers of Finance at Summit

President of the World Bank, Jim Young Kim, is to meet with Caribbean Ministers of Finance and Governors of central banks at a summit early next year, to examine how the bank can assist with formalizing projects related to debt overhang, slow growth, climate change and high electricity rates. President Kim, who met with Ministers of Finance as well as...

Finance and Planning Minister, Dr. the Hon. Peter Phillips, addresses the CBIC panel discussion entitled: ‘Caribbean Economies, Has Recovery Arrived’, at the Willard Intercontinental Hotel in Washington, D.C., on October 10. Seated at head table are fellow panelists, Aruba’s Minister of Finance, Angel Bermudez (right) and Executive Director for CBIC’s Growth Markets, Mr. John Welch (left).

11 years ago Finance & Public Service

More Growth Expected in Tourism, Mining, Agriculture and Business Outsourcing

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says over the next few years, Jamaica should see increased growth in Tourism, Mining, Manufacturing, Agriculture and Business Outsourcing. He pointed out that this growth is expected as a result of several measures put in place by the Government. The Minister was taking part in a panel discussion entitled: ‘Caribbean...

11 years ago Finance & Public Service

Importance of Statistics to be Highlighted on October 15

The Statistical Institute of Jamaica (STATIN) will observe CARICOM Statistics Day on Wednesday, October 15, with a symposium under the theme: ‘Youth, Age 15-24 – A Situational Analysis’. To be held at the Mona Visitors Lodge at the University of the West Indies, the symposium will provide a profile of youth within the 15-24 age group with special focus on...

11 years ago Finance & Public ServiceJIS Think Tank

Persons Encouraged to Invest in Stocks

Persons are being encouraged to “invest in their future,” through the Jamaica Stock Exchange (JSE), by Chairman, Allan Lewis. Speaking at a JIS ‘Think Tank’ on October 8, Mr. Lewis said there is no limit to the amount one can save or who can save, but everybody should save something. “If you’re not putting away something today, you’re going to...