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

1603, 2019

No SLB guarantor – Phillips vows to end need for loan sponsor; give contract workers full-time benefits

A People’s National Party (PNP) government led by Dr Peter Phillips would abolish the requirement for student loan guarantors.

Phillips, the opposition leader and PNP president, committed yesterday that the repayment of student loans would only begin when graduates were employed.

“The

1403, 2019

No-deal or delay? Brexit deal defeat leaves UK in limbo

LONDON, United Kingdom (AFP) — A hard no-deal Brexit or a delay on Britain leaving the European Union? The British Parliament’s thumping defeat of Theresa May’s Brexit deal increases the likelihood of both options.

The House of Commons shot down the

1403, 2019

Sagicor gets top rating from CariCRIS

CARIBBEAN Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the rating of jmAAA for Sagicor Life Jamaica Limited (SLJ) on its debt issue of US$75 million.

The rating indicates that Sagicor’s creditworthiness to the US$75 million obligation, adjudged in relation

1403, 2019

Mark Golding attacks Jamaica’slow growth and inequality

Shadow Finance Minister Mark Golding began his budget speech yesterday by noting “the burning issue of low growth”, observing that even what he called the “modest but achievable” growth targets the last PNP Administration had set for the years