Bank of Jamaica Reduces Benchmark Interest Rate

2016-05-31T04:00:29+00:00

Bank of Jamaica announces that with effect from 31 May 2016, the rate offered on its benchmark 30-day Certificate of Deposit will be reduced to 5.00 per cent from 5.25 per cent. The rates applicable to the Bank’s lending facilities that are linked to this policy rate will correspondingly fall

Bank of Jamaica Reduces Benchmark Interest Rate2016-05-31T04:00:29+00:00

Quarterly Press Briefing Brian Wynter Governor Bank of Jamaica 26 May 2016

2016-05-31T03:51:07+00:00

Today the Bank releases the Quarterly Monetary Policy Report for the January to March 2016 quarter. Inflation at March 2016 has fallen to a historic low of 3.0 per cent. This is lower than the 3.7 per cent recorded at December 2015 and the 4.0 per cent at March 2015.

Quarterly Press Briefing Brian Wynter Governor Bank of Jamaica 26 May 20162016-05-31T03:51:07+00:00

IMF Report Executive Summary

2015-10-27T10:06:37+00:00

CA NINTH REVIEW UNDER THE ARRANGEMENT UNDER THE EXTENDED FUND FACILITY AND REQUEST FOR MODIFICATION OF PERFORMANCE CRITERIA EXECUTIVE SUMMARY Macroeconomic indicators are improving, but growth remains sluggish. Growth has been revised down to 1.4 percent for FY2015/16 as drought continues to impede agricultural growth for a second year in

IMF Report Executive Summary2015-10-27T10:06:37+00:00

IMF Executive Board Completes Ninth Review Under the IMF’s Extended Fund Facility Arrangement for Jamaica and Approves US$39.7 Million Disbursement

2015-10-27T09:46:58+00:00

Press Release No. 15/434 September 23, 2015 The Executive Board of the International Monetary Fund(IMF) today completed the ninth review of Jamaica’s economic performance under the program supported by a four-year, SDR 615.38 million (about US$932.3 million at the time of approval) arrangement under the Extended Fund Facility (EFF)" https://newiaj.iaj-online.com/wp-content/uploads/2015/10/Press-Release_-IMF-Executive-Board-Completes-Ninth-Review-Under-the-IMFs-Extended-Fund-Facility-Arrangement-for-Jamaica-and-Approves-US39.pdf

IMF Executive Board Completes Ninth Review Under the IMF’s Extended Fund Facility Arrangement for Jamaica and Approves US$39.7 Million Disbursement2015-10-27T09:46:58+00:00

QUARTERLY GROSS DOMESTIC PODUCT

2015-09-23T16:56:46+00:00

July 1, 2014 The Jamaican economy grew by 1.6 per cent in the first quarter of 2014 when compared to the similar quarter of 2013. This performance resulted from increased output levels in both the Goods Producing industries of 5.5 per cent and Services industries of 0.3 per cent. For

QUARTERLY GROSS DOMESTIC PODUCT2015-09-23T16:56:46+00:00

WEEKEND RAINS ASSOCIATED WITH ERIKA TO INFLUENCE JAMAICA …FLASH FLOODING A POSSIBILITY

2015-08-31T13:02:28+00:00

FOR IMMEDIATE RELEASE: Friday, August 28, 2015 – 11:00 a.m. The Meteorological Service has issued a Severe Weather Alert effective until 5:00 a.m. tomorrow. Tropical Storm Erika is now located south-southeast of Santo Domingo, Dominican Republic and is moving toward the west-northwestward.  On its forecast track, the centre of Erika is expected to move well north of

WEEKEND RAINS ASSOCIATED WITH ERIKA TO INFLUENCE JAMAICA …FLASH FLOODING A POSSIBILITY2015-08-31T13:02:28+00:00

The Planning Institute of Jamaica’s Review of Economic Performance – April to June 2015

2015-08-31T12:32:37+00:00

Today we are reporting that real Gross Domestic Product (GDP) in the Jamaican economy grew by an estimated 0.8 per cent in the April to June 2015 quarter compared with the corresponding quarter of 2014. The out-turn for the April to June 2015 period largely reflected: the positive impact of

The Planning Institute of Jamaica’s Review of Economic Performance – April to June 20152015-08-31T12:32:37+00:00

Quarterly Press Briefing – Governor Bank of Jamaica – 26 August 2015

2015-08-31T12:21:07+00:00

  I bring good news on the inflation front. Bank of Jamaica’s inflation expectations survey conducted in July reveals that expected inflation 12-months ahead has fallen to 4.0 per cent. This compares with the 5.1 per cent that I reported in my last press conference and represents a new record

Quarterly Press Briefing – Governor Bank of Jamaica – 26 August 20152015-08-31T12:21:07+00:00

News Release – Consumer Price Index – July 2015

2015-08-24T15:40:12+00:00

August 17, 2015 The Statistical Institute of Jamaica (STATIN), reports that for July 2015 the All Jamaica ‘All Divisions’ Consumer Price Index was 227.2 indicating an increase of 0.9 per cent. The index for the heaviest weighted division, ‘Food and Non-Alcoholic Beverages’ recorded the highest movement for the month, 2.2

News Release – Consumer Price Index – July 20152015-08-24T15:40:12+00:00
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