THE Opposition has urged Government to remove the guarantor requirements to access funding from the Students’ Loan Bureau (SLB) for all students, instead of limiting it to those on the Programme of Advancement Through Health and Education (PATH). Julian Robinson, the Opposition spokesman on finance, made the call in
Bank of Jamaica has taken note of an article published in The Gleaner on March 1, written by Dr Samuel Braithwaite and titled ‘BOJ Monetary Policy: Is There a Byles Effect?’ In the article, several questions were posed to BOJ, and in the context of the issues raised, the central
NVESTING IN mutual funds as part of retirement planning can be beneficial to an investor in the long term, says Marissa Williams, assistant vice-president of sales and client services at JN Fund Managers. Williams explained that for persons to enjoy their golden years, proper financial planning is necessary. She noted
The United States Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Fed Chair Jerome Powell said Tuesday in prepared testimony to a Senate panel.
EMPSTER CHUNG...we will continue to work with these partners as we continue to expand our footprint, but there is still the need for new partners and organisations to get involved…as a result we will be moving to launch 100 creative innovators. This will be a network of individuals or companies
ORE than half of Government's $657.2-billion allocation for non-debt recurrent expenditure will go towards the compensation of public sector employees as the Administration forges ahead with its wage restructuring programme. Finance and the Public Service Minister Dr Nigel Clarke, in opening the 2022/23 Budget Debate Tuesday, said compensation of employees
MINISTRY OF FINANCE 2023 BUDGET PRESENTATION HMFPS-BUDGET-PRESENTATION_March-7-_TO-PRINT-E-3 M
he life, health and well-being of domestic animals, particularly cats and dogs, can now benefit from insurance protection following the roll-out of Guardian General Insurance Limited's Pet Guard policy in the local market. Introduced during the last quarter of 2022, Pet Guard offered as a rider or policy provision can
Tax Administration Jamaica is advising that several forms have been revised during this filing period in keeping with feedback from stakeholders and international best practices. Additionally, the revised Income Tax Returns captures more information, as well as provides more convenience and efficient use for the taxpayer. Taxpayers are reminded to
Summary of Monetary Policy Discussion and Decision - February 2023 At its meeting on 16 and 17 February 2023, the Monetary Policy Committee (MPC) unanimously decided to increase by one percentage point (pp) the domestic and the foreign currency Cash Reserve Requirements (CRRs) applicable to deposit-taking institutions (DTIs), effective 01
