Home Tag "Bank of Jamaica"

The Level Of Inflation Expected By Businesses Remains Anchored In The Midpoint Of The Bank’s 5% Target.- Wynter

Bank of Jamaica (BOJ) Governor, Brian Wynter, says the rate of inflation rose marginally to 3.2 per cent at the end of July, a 0.4 per cent increase over the out-turn at the end of June. Speaking at the Central Bank’s quarterly media briefing on Wednesday (August 29), at the BOJ Auditorium, downtown Kingston, Mr. […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Bank of Jamaica (BOJ) Governor, Brian Wynter, has advised that the BOJ is designing new reporting forms to capture vital information on the extent of private-sector credit being provided to micro, small, and medium-sized enterprises (MSMEs). The value of loans disbursed to MSMEs by deposit-taking institutions as a percentage of total private-sector credit, is among […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Enhancing The BOJ’s Governance Structure Through Clear Demarcation And Assignment Of Roles For Policy Decision-Making And Daily Management.

The proposed amendments relate to the Bank of Jamaica Act, Banking Services Act, and the Public Bodies Management and Accountability Act. The changes are intended to enhance the BOJ’s governance structure through clear demarcation and assignment of roles for policy decision-making and daily management. The objective is to ensure that strong systems of accountability are […]

Jamaica’s Pattern Of Studying, Consulting, Re-Consulting And Updating Its Studies, Have Impeded The Country’s Own Progress.

IMF Gives High Marks For Jamaica’s Performance Under Stand-By Arrangement, Programme Implementation Remains Strong, Public Debt Firmly On A Downward Trajectory.

The International Monetary Fund (IMF) has given high marks for Jamaica’s performance under the Stand-By Arrangement (SBA), saying programme implementation remains strong, with public debt firmly on a downward trajectory. In its recently released Executive Board Review, the Fund highlighted that strong programme implementation continues to anchor macroeconomic stability. All quantitative performance criteria and structural […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Find A Way To Facilitate The Seamless Transition Of Businesses Operating Informally To The Formal Economy- Wynter

Governor of the Bank of Jamaica (BOJ) Brian Wynter says it was in the country’s best interest if more businesses are regularized, taxes collected and that a way be found to facilitate the seamless transition of businesses operating informally to the formal economy. A very good way to start, is to try to make it […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Jamaican Business Executives Expect Inflation To Average 4.1 Percent In The Next 12 Months.

A Statistical Institute of Jamaica survey conducted among 306 Chief Executives, Managing Directors and Financial Controllers across Jamaica, has revealed an expectation for inflation in the next 12 months to average 4.1 percent. The expectation of higher inflation was accompanied by the perception among the business leaders that the Bank of Jamaica‘s control of price […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes