The House of Representatives on Tuesday (July 13) approved the withdrawal of $255.69 million from the Capital Development Fund (CDF) to provide budgetary support to the Jamaica Bauxite Institute (JBI)...

Bank of Jamaica (the Bank) is reminding the public of the potential risks of using or investing in cryptocurrencies, as stated in previous advisories from the Bank. Cryptocurrencies are digital...

Primary healthcare facilities will be built and upgraded in select rural communities through a $1.8-billion (€10.2-million) non-reimbursable grant from the European Union  (EU). The EU has committed the funds under...

Bank of Jamaica (BOJ) Governor, Richard Byles, says stakeholder endorsement and support will be crucial to the successful implementation of the proposed central bank digital currency (CBDC). Key among these...

Bank of Jamaica (BOJ) Governor, Richard Byles, says work is being finalised to commence pilot implementation of the proposed central bank digital currency (CBDC) locally, in August. Mr. Byles indicated...

The International Monetary Fund (IMF) is among several global institutions taking keen interest in the proposed introduction of a central bank digital currency (CBDC) in Jamaica. Governor of the Bank...

The Bank of Jamaica (BOJ) has said that the regulatory framework already exists within the financial sector to allay concerns about the introduction of a central bank digital currency (CBDC)....

In a bid to increase economic activity and spur economic recovery from the coronavirus (COVID-19) pandemic, the Government is seeking to attract investments in the country through amendments to the...