In response to concerns regarding the Bank of Jamaica's (BOJ) net financing of $20.6 billion to Government in the October-December, 2009 quarter, the Bank has reiterated its policy position that...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has called on the banking sector to take a more holistic approach in facilitating borrowers to be more successful in repaying...

Minister of State in the Ministry of Finance and the Public Service, Senator the Hon. Arthur Williams, has emphasised that the social partnership required to achieve national transformation, will only...

The Government will be allocating $27 billion in the 2010/2011 Budget to cover the cost of the administration's exiting responsibilities for Air Jamaica. "We are hopeful that before we get...

The Government of Jamaica (GOJ) in its Letter of Intent (LOI) to the International Monetary Fund (IMF) on 15 January 2010, formally requested a 27-month Stand-By Arrangement with the IMF...

Despite weak demand in the global and domestic economies and uncertainty in the financial markets about a loan from the International Monetary Fund (IMF), the Jamaican economy remained relatively stable...

Minister of Education, Hon. Andrew Holness, is suggesting that government consider sharing credit information with financial institutions abroad as it seeks to recover money borrowed by students to complete their...

The House of Representatives yesterday (February 9) passed legislation that will allow for the sharing of credit information between specified financial institutions and enable creditors to make better lending decisions....

Minister with Portfolio responsibility for the Public Service, Senator the Hon Arthur Williams, met on Monday (February 8) with the members of the Police Federation at the Ministry, National Heroes'...

Caricom has given a commitment to finance the Jamaica Defence Force (JDF) relief base in Haiti for another month so that humanitarian assistance from the region can continue in the...

Minister of Finance and the Public Service, Hon. Audley Shaw, says the Students' Loan Bureau (SLB), will be making an announcement soon regarding the lowering of its interest rates. "In...