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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

The Government is moving ahead with implementing reform measures, even as it remains confident that Jamaica will pass its first quarterly performance review, which is currently being conducted by an International Monetary Fund (IMF) Mission Team. “Overall, we have to...
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
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.
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.

Financial Markets Symposium and Fair for Downtown Kingston
Minister of Justice, Senator the Hon. Mark Golding, pilots Bill which seeks to regularize measures already in place, and make the revenue measures that were introduced on April 1, permanent. It was passed in the Senate on July 31.
Minister of Justice, Senator the Hon. Mark Golding, pilots Bill which seeks to regularize measures already in place, and make the revenue measures that were introduced on April 1, permanent. It was passed in the Senate on July 31.

Senate Approves Bill to Make Revenue Measures Permanent

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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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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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Finance & Public ServiceInformationJusticeParliament

Cabinet Approves Bill to Improve Private Access to Credit

Cabinet has given the nod for the introduction of a Bill, which is expected to facilitate increased access to credit, and enhance the business environment. The Security Interest in Personal Property Act (2013) is designed to implement a legal framework to modernise and improve the availability of domestic credit to the private sector, while minimising the risk of loan repayment....
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Project Consultant, Development Bank of Jamaica (DBJ), Audrey Richards, telling JIS News about the progress being made to establish Venture Capital Programme.
Finance & Public Service

Work Far Advanced to Establish Venture Capital Programme

Work is almost complete on a strategic plan to establish Jamaica’s Venture Capital Programme (VCP), being spearheaded by the Development Bank of Jamaica (DBJ). Project Consultant at the DBJ, Audrey Richards, tells JIS News that the task is being carried out by a Special Consultant, recruited for this undertaking, and include, among other things, a market analysis to determine stakeholders’...
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Finance & Public Service

Gov’t Confident of Passing First IMF Test

Minister without portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, says the Government is confident of passing the first quarterly test under the Extended Fund Facility (EFF) Agreement with the International Monetary Fund (IMF). He was speaking on Tuesday, July 2, in his contribution to the 2013/14 Sectoral Debate in the House of Representatives. Mr. Dalley’s presentation...
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Finance & Public Service

Gov’t Moves to Improve Efficiency in Contract Awards

The Government of Jamaica is moving to speed up the contract award process. Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, said Cabinet has embarked on a programme through the infrastructure subcommittee of Parliament. The aim, he said, is to improve efficiency so as to facilitate completion within 120 days. The Minister, who was speaking...
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