Home Tag "Bank of Jamaica"

BOJ Should Continue Reducing Its Foreign Exchange Footprint, Including Limiting Sales To Disorderly Market Conditions

The Executive Board of the International Monetary Fund (IMF) is reporting that the 2.4 per cent inflation rate out-turn recorded in October 2018, which triggered a staff consultation under the Monetary Policy Consultation Clause, remained unchanged in February 2019. Further monetary easing is needed to restore inflation to the midpoint of the four to six […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Strong Implementation Of Jamaica’s Economic Reform Programme Continues To Yield Significant Dividends.

The Executive Board of the International Monetary Fund (IMF) says Jamaica’s Government ongoing strong implementation of Jamaica’s Economic Reform Programme (ERP), continues to yield significant dividends. The Board notes that consequent on commendable performances under two successive Fund arrangements since May 2013, Jamaica’s public debt is projected to fall below 100 per cent of gross […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

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. […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

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 […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

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 […]

From Vision To Reality: My Journey To Becoming An Entrepreneur

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 […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

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 […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

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 […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)