GOVERNMENT OF JAMAICA 2016 HONORS LIST The Insurance Association of Jamaica extends heartiest congratulations to Mr. Orville Johnson on his recent achievement and appointment of the The Order of Distinction in the Rank of Officer (OD) by His Excellency The Governor General, The Most Honourable Sir Patrick Allen with effect
Fiscal Monitoring Table FY 2016/17 April 2016 Fiscal Numbers
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
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.
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
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
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
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
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
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
