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...

A team from the International Monetary Fund (IMF) is to visit the island from March 7-20 to conduct an Article Four review, which will serve as the start of formal...

The economy grew by an estimated 1.7 per cent from October to December 2011 when compared with the corresponding period for 2010. This performance brings estimated gross domestic product (GDP)...

Commercial bank credit to the private sector has increased by 6.2 per cent in the December quarter, over the previous quarter, with 7.3 per cent of the loans going to...