The Bank of Jamaica (BOJ) has launched a televised series titled ‘COMMON CENTS WITH BOJ’, designed to increase financial literacy among Jamaicans. The initiative was unveiled during the Quarterly Monetary Policy Report press conference, held at the BOJ auditorium in downtown Kingston on Tuesday (February 24). Head of the Financial Inclusion Unit, Dr. André Murray, noted that the series will...

The Bank of Jamaica (BOJ) is anticipating full recovery in economic activity after Hurricane Melissa within two to three years. BOJ Governor, Richard Byles, says this is faster than the previous estimate of three to four years. “This improved recovery outlook anticipates a faster rebound in agricultural activity and factors in a faster than initially anticipated recovery in electricity and...

The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) has unanimously agreed to lower the policy rate on overnight placements by deposit-taking institutions by 25 basis points, bringing it to 5.5 per cent per annum. Speaking during the Quarterly Monetary Policy Report press conference at the BOJ auditorium in downtown Kingston on Tuesday (February 24), Governor, Richard Byles, said the...

The Bank of Jamaica (BOJ) is projecting that inflation will average 5.9 per cent over the next two years. Governor, Richard Byles, advised that this forecast is below the previous projection of an average of 7.4 per cent. “It is projected that following possible temporary breaches of the upper limit of the target in the June and September quarters of...

The Government has earmarked $119.957 million in the 2026/27 fiscal year, to complete the Jamaican Path from Hills to Ocean Project. The project, being implemented by the Planning Institute of Jamaica (PIOJ), aims to increase resilience to climate change and reduce poverty through the implementation of an integrated and sustainable landscape management methodology. It is being funded through a $99.34...

The Government has allocated $30 million in the 2026/27 Estimates of Expenditure to enhance the resilience of the agricultural sector and coastal areas. The Estimates was tabled in the House of Representatives on February 12 by Minister of Finance and the Public Service, Hon. Fayval Williams. The ongoing project is being implemented by the Planning Institute of Jamaica (PIOJ), the...

The expansion project at Mount St. Joseph High School in Manchester is slated for completion in the upcoming fiscal year. Approximately $410 million has been allocated by the Government to commence and complete construction of the auditorium and canteen. The sum is contained in the 2026/27 Estimates of Expenditure, which was tabled in the House of Representatives by Minister of...