The International Monetary Fund (IMF) is urging the Jamaican Government to immediately address public sector governance shortcomings to spur further economic growth. In a report following its fifth review under the stand-by arrangement for Jamaica, the IMF said achieving higher economic growth calls for action from the public and private
Jamaican households are servicing three times more debt than a decade ago. The Bank of Jamaica (BOJ) is reporting that $56.60 of every $100 of household income goes towards the servicing of personal loans, the highest level mapped by the central bank to date. The underlying reason for the rise
Jamaican exports grew by nearly 38 per cent last year, a pace that was nearly four times faster than the rise in imports. Still at a value of US$1.88 billion, the goods that Jamaicans sell to foreign markets was less than a third of the products they buy from overseas.
Minister of Finance and the Public Service Dr Nigel Clarke (left) in discussion with International Monetary Fund (IMF) Mission Chief for Jamaica, Dr Uma Ramakrishnan, following the Government of Jamaica (GOJ)-IMF joint press conference at the ministry’s offices in Kingston, in March, for the Fifth IMF Precautionary Standby Arrangement Review.
Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw (right) in discussion with president, Small Business Association of Jamaica (SBAJ), Hugh Johnson (left) at the SBAJ's second regional Micro, Small and Medium-sized Enterprise Conference on April 17, at Jamaica Pegasus hotel, in New Kingston. At centre is board secretary, SBAJ,
Published:Sunday | April 21, 2019 | 12:19 AM ADVISORY COLUMN: INSURANCE HELPLINE QUESTION: I was involved in an accident near Black River in February. A truck drove into the left side of my car. It was travelling on a minor road. I was on the main road. The driver admitted
ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER An initial public offering, or IPO, is the offering of shares in a company to the general public for the first time. IPOs may be made by start-up companies or companies that have been in business for a long time and by companies owned by
Ryan Brown, an electrician from St Andrew, receives remittances from his brother in the United States of America every month. His name has been changed; however, he is an actual person, who purchases medication for his ailing son, pays bills, and saves a portion of this extra income. The portion
Narda Simmonds (left), a teacher at Golden Spring Primary School in St Andrew, and Maxine Lawrence (right), teacher at Donald Quarrie High School in eastern St Andrew listen, as Sharon Smith, senior manager at JN Bank, makes a point. Smith was in conversation with the teachers after delivering the keynote
Minister of Finance Nigel Clarke was recently interviewed on Bloombery. https://www.youtube.com/watch?v=md8c6XSM4Ps
