Managing Director of the International Monetary Fund (IMF), Christine Lagarde, says Jamaica is “setting standards” in the collaborative approach being taken in implementing the economic reform programme. “For the last seven years as Managing Director of the IMF, I have seen many programmes, and I have attended many reviews of programmes at the Board. But, I have never seen a...

Prime Minister, the Most Hon. Andrew Holness, has underscored the need for Caribbean governments to be more disciplined in implementing policies that can generate higher levels of sustainable economic growth. “We have chosen policies that have increased our debt (and) are more aligned with short-term consumption. We have brought on ourselves a literal catastrophe, which has made us now have...

Prime Minister, the Most Hon. Andrew Holness, says the economic and structural reforms being undertaken by the Government are delivering real jobs for Jamaicans. He said the increase in employment over the last two quarters has been “fantastic” and “in the closing quarter we will be seeing (even) more jobs”. The Prime Minister was contributing to a debate on the...

Prime Minister, the Most Andrew Holness, is calling for the strengthening of relations between CARICOM member states and non-English-speaking countries across the Caribbean and Latin America. He was speaking at the closing panel discussion on ‘Challenges and Opportunities in the Caribbean’ at the sixth International Monetary Fund (IMF) High Level Caribbean Forum at The Jamaica Pegasus hotel in New Kingston...

International Monetary Fund (IMF) Managing Director, Christine Lagarde, is hailing the Government for its effort to improve Jamaica’s economic outlook. Mrs. Lagarde commended Jamaica for stabilising the macroeconomic climate, reducing its debt levels, setting fiscal precedence for the rest of the region and increasing the rate of employment. “The resolve of the Jamaican authorities... has been critically important to arrive...

Prime Minister, the Most Hon. Andrew Holness, says he is expecting Jamaica to have an improved ranking in the World Bank’s Doing Business Report for next year. For the Doing Business Report 2018, Jamaica has fallen to 70th position, down from a ranking of 67th. Addressing the Sixth International Monetary Fund (IMF) High Level Caribbean Forum held at The Jamaica...

Prime Minister, the Most Hon. Andrew Holness, remains confident that Jamaica will achieve its target of five per cent growth in the next three years. “People have said it is an overly ambitious target, but I am strongly of the view that we will achieve the growth targets set. We are also very cognisant of the significant challenges that the...

Prime Minister, the Most Hon. Andrew Holness, is imploring motorists to take advantage of the extended traffic ticket amnesty, which will begin on November 27. This is a continuation of the previous amnesty, which ran from August 2 to October 31. “An amnesty is not only a revenue-collection method. The reason why we put in the amnesty is that we...

Prime Minister, the Most Hon. Andrew Holness, says the Government will be providing funds in the 2017/18 Supplementary Estimates for road repairs islandwide. Mr. Holness said a significant allocation is being set aside in the Estimates, slated to be tabled in Parliament next week, at which time details of this and other provisions are expected to be outlined. “If you...