The Government of Jamaica and the Inter-American Development Bank (IDB) have signed a contract for three policy-based loans totalling $15.2 billion (US$170 million). Minister of Finance and Public Service, Hon....

Jamaica's representative at the Inter-American Development Bank (IDB), Mr. Gerard Johnson, has said the Government is worthy of congratulations, for its success in the recent debt exchange programme. "Your debt...

Minister of Finance and the Public Service, Hon. Audley Shaw, has announced the lifting of a moratorium on the registration of new Unit Trusts and new Unit Trust products. Speaking...

With the local economy still buckling under the effects of the global recession, many Jamaicans are still finding it difficult to meet their financial needs in these tough times. Financial...

Fitch Ratings, on Tuesday February 16, upgraded Jamaica's long-term local and foreign currency Issuer Default Ratings (IDR) to B-. The rating outlook was also upgraded from "Negative" to "Stable". This...

The Government has announced that it has amended the Final Settlement Date for the Jamaica Debt Exchange (JDX) Offer to Wednesday (February 24), to complete processing of Old Note interest...

Research conducted among countries that implemented a debt exchange in recent years, indicate that the Jamaica Debt Exchange (JDX), with a 97 per cent compliance to date, may well be...

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...