KINGSTON, Jamaica, August 23, 2021 - Bank of Jamaica (BOJ) Governor, Richard Byles, says the country’s growth outturn for fiscal year 2021/22 is likely to be higher than previously anticipated. This, he said, considering the stronger than expected improvements in the economies of Jamaica’s main trading partners from the fallout sparked by the coronavirus (COVID-19) pandemic.
KINGSTON, Jamaica July 17, 2021 - The number of Jamaicans in jobs, as at April 2021, totalled approximately 1,206,000. This is 40,500 fewer or 3.2 per cent lower than the corresponding period in 2019, according to the Statistical Institute of Jamaica (STATIN) April 2021 Labour Force Survey.
KINGSTON, July 16, 2021 - Jamaica recorded declines in import expenditure and export earnings during the January to March 2021 quarter, relative to the corresponding period in 2020.
KINGSTON, Jamaica, July 6, 2021 - Bank of Jamaica (BOJ) Governor, Richard Byles, says stakeholder endorsement and support will be crucial to the successful implementation of the proposed central bank digital currency (CBDC). Key among these interests are the Government, merchants, and consumers.
KINGSTON, Jamaica, July 5, 2021 - The Bank of Jamaica (BOJ) has said that the regulatory framework already exists within the financial sector to allay concerns about the introduction of a central bank digital currency (CBDC).
KINGSTON, Jamaica, July 4, 2021 - The International Monetary Fund (IMF) is among several global institutions taking keen interest in the proposed introduction of a central bank digital currency (CBDC) in Jamaica.
KINGSTON, Jamaica: June 22, 2021 - Shadow Minister of Mining and Energy, Mr Phillip Paulwell, has expressed alarm that the price of petroleum products has reached an all-time high and will have a devastating impact on the local economy. He said the government must relent in its position and remove the discretionary taxation on petroleum products and bring immediate relief to consumers.
KINGSTON, Jamaica: Opposition Spokesman on Transport, Mikael Phillips has written to the Minister of Transport and Mining Robert Montague, urging him to consider a mechanism to cushion the effect of the new toll rates on the commuting public.
KINGSTON, June 3, 2021 - The Planning Institute of Jamaica (PIOJ) is projecting that the economy will grow within the range of seven per cent to nine per cent during the April to June 2021 quarter.
KINGSTON, Jamaica, June 3, 2021 - The Jamaican economy contracted by an estimated 5.7 per cent in the January to March 2021 quarter, when compared to the corresponding period last year, largely due to the impact of the coronavirus (COVID-19) pandemic.