Outgoing International Monetary Fund (IMF) Resident Representative, Dr. Constant Lonkeng Ngouana, says his three-year tenure in Jamaica has been “very rewarding”. Dr. Lonkeng Ngouana, whose stint ends on August 31, took up the Resident Representative post in July 2016 at the time of the Extended Fund Facility (EFF) and continued through the current precautionary Stand-By Arrangement (SBA). He tells JIS...

International Monetary Fund (IMF) Resident Representative, Dr. Constant Lonkeng Ngouana, is lauding the Government for initiating measures to preserve and bolster the economic gains Jamaica has recorded over the last six years. This, he notes, under the country’s Economic Reform Programme (ERP). These safeguards, which Dr. Lonkeng Ngouana contends are imperative in facilitating Jamaica’s exit from the IMF’s financial support...

International Monetary Fund (IMF) Resident Representative, Dr. Constant Lonkeng Ngouana, says the reduction in Jamaica’s unemployment rate to 7.8 per cent is a “tremendous achievement”. Noting that the rate was approximately 16.3 per cent at the start of Jamaica’s current engagement with the organisation in May 2013, Dr. Ngouana contends that “more than halving this in six years is very...

An intensive marketing and promotions campaign is under way to heighten public awareness about the Jamaica Social Stock Exchange (JSSE). The JSSE, which was launched in January by Prime Minister, the Most Hon. Andrew Holness, is an initiative of the Jamaica Stock Exchange (JSE). It is intended to facilitate funding support, through public donations, for organisations involved in the implementation...

At age 21, three-time quarterly winner in the Jamaica Stock Exchange/All Media Services’ Young Investors Stock Market Competition for 2018, David Rose, is doing what most college students are still dreaming of accomplishing. He is not only investing in the stock market and managing his own investment portfolio but also funding his way through the University of the West Indies...

Entities engaged in social programme implementation will soon be able to list on the Jamaica Stock Exchange (JSE) to generate capital for their administrative activities. Managing Director, Marlene Street Forrest, says this will be facilitated under the JSE’s Jamaica Social Stock Exchange (JSSE), which was launched by Prime Minister, the Most Hon. Andrew Holness, in January. Mrs. Street Forrest tells...

Cabinet Secretary, Ambassador Douglas Saunders, is optimistic about the outcomes anticipated under the Public Sector Transformation Programme (PSTP), now underway. Ambassador Saunders, who is Head of the Civil Service, believes the attendant engagements being embarked on by the Administration, through the Transformation Implementation Unit (TIU), will yield significant and tangible results that should redound to Jamaica’s benefit over the medium...

Several business leaders are of the view that Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, acquitted himself well in his maiden presentations in the just concluded 2019/20 Budget Debate. The Minister delivered the opening and closing presentations in the two-week long Debate in the House of Representatives, from March 7 to 20, during which he outlined...

The Government’s tax ‘giveback’ package of $14 billion, as outlined by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, in the 2019/20 Budget Debate in the House on March 7, continues to generate positive feedback, particularly within the business community. This and other targeted deliverables are fuelling heightened expectations among several business leaders of further economic...