PHOTOS: New Jamaican Banknotes
Bank of Jamaica (BOJ) Governor, Richard Byles (left), examines features on the new $5,000 note, being highlighted by BOJ Division Chief for Banking and Currency Operations, Chevanese Morais.
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Gov’t to Provide 2,250 STEM Scholarships Over Five Years
The Ministry of Finance and the Public Service, through the Students’ Loan Bureau (SLB), will be providing 2,250 scholarships to boost the country’s capacity in Science, Technology, Engineering and Mathematics (STEM) over the next five years. On Thursday (June 29),...
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New Jamaican Banknotes Now Available
The new series of polymer Jamaican banknotes was officially released to the public today and can be obtained from the Bank of Jamaica and commercial banks. The series comprises upgraded $50, $100, $500, $1,000 and $5,000 notes, and the newly introduced $2,000 bill. In a series of posts on Twitter, Minister of Finance and the Public Service, Dr. the Hon....
Prime Minister Endorses Call for Broader Criteria to Determine Multilateral Funding Support
Prime Minister, the Most Hon. Andrew Holness, has endorsed the call for a wider set of metrics to be used by multilateral financial institutions in determining the support that is provided to countries. “There is a regional and, indeed, a global debate about the nature of support that comes from multilateral financial institutions. There is a sense that it relies...
Project Star Administrators Looking to Raise $100M Through the Jamaica Social Stock Exchange
The administrators of Project STAR (Social Transformation and Renewal) are seeking to raise $100 million via an Initial Public Offering (IPO), which will be launched on the Jamaica Social Stock Exchange (JSSE) come June 22. Project STAR is a social and economic transformation initiative created by the Private Sector Organisation of Jamaica (PSOJ) in partnership with the Jamaica Constabulary Force...
Partnership with Int’l Financial Institutions Play A Key Role In Country’s Development – PM
Prime Minister, the Most Hon. Andrew Holness, says the Government’s partnership with the international financial institutions such as the World Bank and the Inter-American Development Bank (IDB) continues to play a pivotal role in the development of the country. The Prime Minister made the remarks during a meeting with newly appointed President of the World Bank, Ajay Banga and President...
World Bank President Praises Jamaica’s Economic Health
World Bank President, Ajay Banga, has high praises for Jamaica’s current economic health, noting that “your country has managed your macro situation very well”. “It is not the same for many developing countries, which took on a great deal of debt when interest rates were low, both international and domestic debt,” he noted. “The World Bank and the International Monetary...
Ministry of Finance Puts Forward New Programme to Improve Service Delivery
Internal and external customers at the Ministry of Finance and the Public Service will now receive improved service as a result of its new programme, ‘Driven by Service Excellence’. The programme is the Strategic Road Map of the Ministry, which aims to streamline services to create more data-driven, efficient service delivery. Speaking with JIS News, Director of Corporate Communications and...