Latest Economic News

IAJ President – Peter Levy- Motor Uninsured
Managing Director BCIC- Speaks on the amount of uninsured motor vehicle on the road in Jamaica and the dangers it creates for the insured driver.

IAJ President – Peter Levy- General Uninsured
Managing Director BCIC- Speaks on the amount of the uninsured population in Jamaica.

Past Statistics:

Life Insurance (2016-2017)
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General Insurance (2014-2015)
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Claims Payout (2012-2013)
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General Insurance (2014-2015)
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Statistics on The Economy.

Review of Economic Performance
October – December 2018.

The PIOJ presents preliminary estimates on economic performance for each quarter, approximately 6 weeks following the end of the quarter being reviewed. This is based on preliminary information available from the major data providers.

This release of the preliminary estimate is consistent with developments in all modern economies globally, where it is the common practice to release a 1st, 2nd and even a 3rd preliminary estimate before the final official figure is released. Learn More >

Current Statistics

GOVERNMENT FISCAL MONITORING

GROSS DOMESTIC PRODUCT

BOJ RATE POLICY

JAMAICA ECONOMIC DATA

3009, 2019

Holness reiterates call for concessionary financing for CARICOM

UNITED NATIONS (CMC):

Jamaica yesterday reiterated a call for concessionary financing for Caribbean Community (CARICOM) countries, saying that the present policy was severely hampering the socio-economic growth of the 15-member regional grouping.

Addressing the 74th session of the United Nations General Assembly,

3009, 2019

Don’t outprice J’cans from owning homes, expert warns

WESTERN BUREAU:

Jamaica Bankers Association President Jerome Smalling is warning that care must be taken to ensure that Jamaicans are not outpriced out of owning their own homes.

In a plea to real estate developers, Smalling said that he was encouraging them

3009, 2019

Ganja exports, IPOs touted as SAFE winners – Jamaican ganjapreneurs cheer prospects for marijuana trade from new US banking bill

A new legislative bill in the United States is paving the way for banks to do business with marijuana companies, a development that has sparked hope among Jamaican ganjapreneurs that correspondent banking issues and other roadblocks to business may soon

3009, 2019

S&P rating upgrade a positive development for economy – PSOJ

The Private Sector Organisation of Jamaica (PSOJ) has welcomed the recent upgrade of Jamaica’s sovereign credit rating from ‘B’ to ‘B+’ by Standard and Poor’s Ratings Agency (S&P).

PSOJ President Keith Duncan stated that the upgrade is a positive development for Jamaica.

“The