The Export-Import (EXIM) Bank has sourced US$20 million for on-lending to export oriented businesses at rates of 10 to 11per cent for J$ loans and 7.5 per cent to 9...

Minister of Finance, Planning and the Public Service, Hon. Dr. Peter Phillips, intends to table the White Paper on tax reform during his 2012/13 budget presentation. A white paper may...

Total remittance inflows of just under US$1.7 billion for the first 10 months (April to January) of the 2011/12 fiscal year represent the largest sum since the 2008/09 fiscal year....

A team from the International Monetary Fund, led by Mr. Luis Breuer, completed a 2-week visit to Jamaica on March 21, 2012. In the course of conducting a formal assessment...

The issue of tax collection is a critical element of the new medium term economic programme being pursued with the International Monetary Fund (IMF), and is fundamental to the country’s...

The Article IV review being undertaken by the visiting team from the International Monetary Fund (IMF), signals the start of negotiations for a new Fund programme. The IMF mission, which...

New York-based Fitch Ratings, in its latest report, has maintained Jamaica's foreign and local currency Issuer Default Ratings (IDR) at 'B-', while its short-term IDR remains at ‘B’ and its...

Finance and Planning Minister, Hon. Dr. Peter Phillips,is hailing the success of the country's commercial banking sector despite the global economic down turn challenges. According to Dr. Peter Phillips,Jamaica should...

The GraceKennedy Financial Centre was officially opened in downtown Kingston Wednesday March 7. The centre, situated at 2 Duke Street (the corner of Duke and Harbour Streets) opened for business on...

The House of Representatives on March 6 approved the second Supplementary Estimates for the financial year 2011/12. The new budget reflects total government expenditure of $525.2 billion for the remainder...

President of Jamaica Promotions Corporation (JAMPRO), Sancia Bennett-Templer, has said that the two-day Jamaica Investment Forum was a success, with a number of persons expressing “very strong interest” in investing...