Bank of Jamaica (BOJ) Governor, Richard Byles, says the full rollout of Jamaica’s central bank digital currency (CBDC), branded JAM-DEX, will alleviate many of the problems people experience at automated teller machines (ATMs). JAM-DEX was first introduced in 2021 and rolled out to the Jamaican public on a phased basis in 2022. However, it is still not widely utilised as...

The Bank of Jamaica (BOJ) is projecting that gross domestic product (GDP) growth in Jamaica will recover in the range of 1.0 to 3.0 per cent for the financial year 2025-26, largely due to the performance in agriculture, mining, and tourism sectors. This was noted by Governor Richard Byles during a recent press conference at the Bank’s headquarters in downtown...

Households with children, five years old and younger, participating in the anthropometry module of the Jamaica Survey of Living Conditions (JSLC) will receive a token. This was announced by Acting Head of the Statistical Institute of Jamaica (STATIN) Labour Market and Welfare Statistics Unit, Nicole Allen, during a recent Jamaica Information Service (JIS) ‘Think Tank’ on the 2025 survey, which...

The Culture, Health, Arts, Sports and Education (CHASE) Fund has reaffirmed its commitment to revolutionising public healthcare in Jamaica with strategic investments in specialised medical services and infrastructure. One of the latest initiatives, the proposed establishment of a state-of-the-art Nephrology Centre of Excellence at St. Ann’s Bay Regional Hospital, is set to transform care for patients suffering from kidney disease...

Bank of Jamaica (BOJ) Governor, Richard Byles, has given the assurance that the bank has enough foreign currency reserves to satisfy demand by selling into the foreign exchange market, and in so doing, is able to maintain the exchange rate at a relatively stable level. He said that as at August 12 this year, Jamaica’s gross international reserves stood at...

Ministries, departments and agencies of government are being reminded that nominations for the 2025 Civil Servants of the Year will close on Friday, August 29. The Awards are designed to acknowledge and celebrate diligent and praiseworthy public-sector employees who have gone beyond the call of duty, placing country above self, to advance national development and enhance the efficiency of public...

The Bank of Jamaica (BOJ) is forecasting that inflation will remain low and stable over the next two years. The projection was announced by Governor, Richard Byles, during the Bank’s quarterly monetary policy press conference, held at its downtown Kingston headquarters on Thursday (August 21). Mr. Byles noted that headline inflation for July 2025, as reported by the Statistical Institute...