Revenue Measures Announced In February 2013
Minister of Finance Peter Philips announced no new taxes in his budget presentation on Thursday of April 18, 2013. However there is the small matter of these previously announced revenue measures:
View ArticleChart of the Week –“Bang Belly” Economy – “Bang Belly” Spending
Audley Shaw, opposition spokesman on Finance, did not mince words in characterizing the GoJ’s estimated revenue and expenditure measures to achieve a balanced budget and the targeted primary surplus...
View ArticleIMF Survey: IMF Loan to Help Jamaica Cope With Growth and Debt Challenges
“In this interview, the IMF’s mission chief for Jamaica, Jan Kees Martijn, discusses the key priorities for Jamaica and what it will take for the program to succeed.” See answers to questions: IMF...
View ArticleThe IMF Repayments Have Begun! (For The 2010 Stand-By Arrangement)
On May 1, 2013, Jamaica received approval of an Extended Fund Facility (EFF) from the IMF for SDR615.38 million (US$932.3 million). On May 3, 2013, Jamaica received US$202.6 million as the first...
View ArticleStable Exchange Rate?- May 2013
In May the Jamaican currency devalued by 0.1% which represents the smallest rate of change since the start of the year. However, in comparison to the same period last year (May 2012) it represents a...
View ArticleThe IMF Special Report
In May, diGJamaica launched the IMF Special Report , which is the first and only online information portal about Jamaica’s relationship and interaction with the International Monetary Fund. The aim of...
View Article$101 & Counting
On June 5th 2013, to be exact the US Dollar closed trading selling at an average $100.08:US$1, representing the breaking of the psychological barrier $100 to US$1. It further went on to end trading...
View ArticleIMF Watch: Examining The September NIR Target
Following on our blogpost regarding the increase in the Net International Reserves (NIR) for June, diGJamaica zooms in on the upcoming NIR targets and critically, the September target. Why the NIR? We...
View ArticleChart of the Week: Change in Total Debt vs Change in Exchange Rate
digGers it is common knowledge amongst all, big and small, here and abroad, that Jamaica land we love is a ‘Debt Ridden country. In a number of previous blogposts we have given you a in-depth...
View ArticleEconomy Update: July 2013 Net International Reserves
The break in the ‘downward streak’ of the Net International Reserves was short lived, as following 2 consecutive months of increases, the Net International Reserves at the end of July 2013 was...
View ArticleEconomy Update: Why Is Inflation At A Record Low?
BOJ Governor, Brian Wynter, announced that the 12 month period ending July 2015 showed inflation at 3.8 percent, a 43 year low. What led to such comparatively low levels of inflation? Let’s take a...
View Article6 Things You Need To Know Today – September 25, 2015
Stay The Course – World Bank Representative Appeals To Next Elected Government To Maintain Economic Programme. World Bank Country Manager Galina Sotirova is urging whichever party emerges victorious in...
View Article5 Facts: Jamaica’s Ninth IMF Review
In September, the IMF completed its ninth review of the nation’s performance under the EFF agreement of 2013. The organization published a country report detailing the findings of this review. Read the...
View Article6 Things You Need To Know Today – October 12, 2015
Jamaica Headed In Wrong Direction, Say Respondents To Bill Johnson Poll. Even as the Government was salivating over the September 24 announcement that Jamaica had passed its ninth consecutive test...
View Article6 Things You Need To Know Today – November 3, 2015
Private Sector Calls For Accountability Over Dead Babies. Two of the country’s leading private-sector organisations are demanding greater accountability for the tragic deaths of 19 premature babies,...
View ArticleIMF Update: Primary Surplus Target Lowered
Today in IMF news, Mission Chief Uma Ramakrishnan announced that Jamaica’s primary surplus target will be lowered to 7.25% this fiscal year, down from the previous target of 7.5%. For FY 2016/2017, the...
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6 Things You Need To Know Today
Your news in a nutshell Schools bemoan scarcity of healthy food supplies Errol Miller death a huge loss 200 ganja farmers for CanEx Ja programme Nearly $100m in cash forfeited to State Judge rejects...
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SRC Science and Technology Fairs
The Scientific Research Council (SRC) will partner with the Sustainable Youth Employment in Digital and Animation Industries (YEDAI) Project for Jamaica to execute three Science and Technology Fairs...
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6 Things You Need To Know Today
Your news in a nutshell Shocked into silence Alleged cop killers surrender Use tech to boost Ja’s tourism Missed death by centimetres No dengue outbreak, says health ministry Violence, robberies prompt...
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6 Things You Need To Know Today
Your news in a nutshell PEP Performance task exam pushed back Grief too rough to bear End assault on students Spelling Bee: Taevion wins Nigeria affirms bilateral cooperation with Ja Can’t stay home...
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