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Finance and Planning Minister, Dr. the Hon. Peter Phillips (2nd left), shares a light conversation with (from left): Bank of Jamaica (BoJ) Governor, Brian Wynter; International Monetary Fund (IMF) Mission Team Chief to Jamaica, Jan Kees Martijn; and IMF Resident Representative in Jamaica, Dr. Bert van Selm, during Thursday’s (August 22) media briefing, jointly hosted by the Finance Ministry and the Mission, in Kingston. Details of the country’s just concluded first quarter performance review, under the four-year IMF Extended Fund Facility (EFF), were outlined.
Finance and Planning Minister, Dr. the Hon. Peter Phillips (2nd left), shares a light conversation with (from left): Bank of Jamaica (BoJ) Governor, Brian Wynter; International Monetary Fund (IMF) Mission Team Chief to Jamaica, Jan Kees Martijn; and IMF Resident Representative in Jamaica, Dr. Bert van Selm, during Thursday’s (August 22) media briefing, jointly hosted by the Finance Ministry and the Mission, in Kingston. Details of the country’s just concluded first quarter performance review, under the four-year IMF Extended Fund Facility (EFF), were outlined.

IMF Mission Team Satisfied with Implementation of Economic Programme

The Government’s efforts in implementing Jamaica’s current economic programme have been deemed “strong” by the International Monetary Fund (IMF) Mission Team, which has concluded the country’s first quarterly review under the new Extended Fund Facility (EFF). The IMF team, led...
Bank of Jamaica (BoJ) Governor, Brian Wynter (standing), converses with Deputy Governors, Gayon Hosin (left), and John Robinson, following the BoJ’s quarterly media briefing at the institution’s downtown Kingston offices on August 21.
Bank of Jamaica (BoJ) Governor, Brian Wynter (standing), converses with Deputy Governors, Gayon Hosin (left), and John Robinson, following the BoJ’s quarterly media briefing at the institution’s downtown Kingston offices on August 21.

BOJ says Jamaica has Met Monetary Targets Under IMF
Bank of Jamaica (BoJ) Governor, Brian Wynter (right), emphasizes a point while speaking at the BoJ’s quarterly media briefing at the institution’s downtown Kingston offices on August 21. Listening keenly is Deputy Governor, John Robinson.
Bank of Jamaica (BoJ) Governor, Brian Wynter (right), emphasizes a point while speaking at the BoJ’s quarterly media briefing at the institution’s downtown Kingston offices on August 21. Listening keenly is Deputy Governor, John Robinson.

Government Confident of Passing IMF Test
Chairman of the Development Bank of Jamaica (DBJ), Joseph Matalon, addresses the media launch of the fifth annual Caribbean Micro Finance Forum, at the Bank’s Oxford Road offices in Kingston, on August 19). Country Representative, Inter-American Development Bank (IDB), Therese Turner-Jones (seated left), and Charge d’Affaires, Delegation of the European Union, Cesar Valor Arge (right), also brought greetings at the launch.
Chairman of the Development Bank of Jamaica (DBJ), Joseph Matalon, addresses the media launch of the fifth annual Caribbean Micro Finance Forum, at the Bank’s Oxford Road offices in Kingston, on August 19). Country Representative, Inter-American Development Bank (IDB), Therese Turner-Jones (seated left), and Charge d’Affaires, Delegation of the European Union, Cesar Valor Arge (right), also brought greetings at the launch.

DBJ Disburses $1.2 Billion to MSME Sector in 2012
Development Bank of Jamaica (DBJ) Chairman, Joseph Matalon (centre), emphasizes a point during Wednesday’s (August 14) media briefing at the institution’s New Kingston offices, where he outlined details of developments pertaining to the Jamaica Venture Capital Programme’s (JVCP) implementation, being undertaken by the DBJ; and the upcoming conference in September, where the initiative is slated to be launched. Listening keenly are DBJ Managing Director, Milverton Reynolds (left); and JVCP Co-ordinator and Manager, Audrey Richards.
Development Bank of Jamaica (DBJ) Chairman, Joseph Matalon (centre), emphasizes a point during Wednesday’s (August 14) media briefing at the institution’s New Kingston offices, where he outlined details of developments pertaining to the Jamaica Venture Capital Programme’s (JVCP) implementation, being undertaken by the DBJ; and the upcoming conference in September, where the initiative is slated to be launched. Listening keenly are DBJ Managing Director, Milverton Reynolds (left); and JVCP Co-ordinator and Manager, Audrey Richards.

Jamaica Venture Capital Programme to be Launched in September

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Finance & Public Service

BOJ Reports Lower Than Forecasted Inflation For July Quarter

The Bank of Jamaica (BoJ) is reporting that inflation during the April to June quarter was 1.2 per cent, well below the two to three per cent range projected in May. Making the announcement at the BoJ’s quarterly media briefing on Wednesday, August 21, Governor, Brian Wynter, who described the outturn as “encouraging”, said the figure is “way below” the...
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Finance & Public Service

Economy Records Modest Growth for July to September

Bank of Jamaica (BOJ) Governor, Brian Wynter, is projecting modest economic growth of one per cent growth for the July to September quarter. This forecast, he says, is based on several factors, which were outlined to journalists during the Central Bank’s quarterly media briefing at the BOJ’s downtown Kingston offices on Wednesday, August 21. These factors, Mr. Wynter said, include:...
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Finance & Public Service

DBJ Confident Venture Capital Programme Will Be Sustainable

Officials of the Development Bank of Jamaica (DBJ) are confident that current efforts, led by the institution, to establish a sustainable venture capital industry, will be successful. This optimism is based on what DBJ Chairman, Joseph Matalon, and Managing Director, Milverton Reynolds, say is a more in-depth approach to incorporating targeted stakeholders in the process. The Jamaica Venture Capital Programme...
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Mayor of Kingston, Senator Councillor Angela Brown Burke (third left), addressing the media launch of a financial markets symposium and fair, at the offices of the Kingston and St. Andrew Corporation (KSAC) on August 8. Pictured (from left) are: Acting Director, Public Relations, Bank of Jamaica (BoJ), Tony Morrison; Town Clerk for the KSAC, Errol Greene; Chief Executive Officer (CEO) of the Jamaica Deposit Insurance Corporation (JDIC), Antoinette McKain; and JDIC’s Manager, Corporate Communications, Marjorie McGrath. The event, which will be held in downtown Kingston from August 29 to 31, is being organised by the JDIC in partnership with the BoJ, Financial Services Commission (FSC), Jamaica Stock Exchange (JSE) and the KSAC.
Finance & Public ServiceLocal Government

Financial Markets Symposium and Fair for Downtown Kingston

Downtown Kingston will host a major financial markets symposium and fair which is aimed at boosting the ordinary citizen’s knowledge and involvement in the financial system. The event, which is to run from August 29 to 31, is being organised by the Jamaica Deposit Insurance Corporation (JDIC) in partnership with the Bank of Jamaica (BOJ); Financial Services Commission (FSC); Jamaica...
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Finance & Public ServiceParliament

House Passes Income Tax (Amendment) Act

The House of Representatives, on July 30, passed the Income Tax (Amendment) Act, 2013, to regularise measures already in place, and make permanent, the revenue measures that were introduced as at April 1. “It does not represent new or additional measures,” said Minister of Finance and Planning, Dr. the Hon. Peter Phillips. The changes, which were implemented by way of...
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