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.
TRINIDAD AND TOBAGO, Ju8ne 15, 2021 - Finance Minister Colm Imbert is concerned that at the present rate the country’s National Insurance Fund could be depleted within the next twenty five years.
WASHINGTON DC, June 7, 2021 - Having concluded its 2021 Article IV consultation with Belize, the Executive Board of the International Monetary Fund says the COVID-19 pandemic has hit Belize hard, and following a successful containment of the first wave of the pandemic, the country experienced a second wave starting in June 2020.
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.
KINGSTON, Jamaica, June 3, 2021 - State Minister for Industry, Investment and Commerce, Dr. Norman Dunn, says that the Government is working quickly to overhaul the interim regulations governing the cannabis industry.