Home Tag "Nigel Clarke"

Government of Jamaica Exploring Feasibility Of Utilizing Accounts Receivables Asset-Based Financing As A Funding Option For Micro, Small And Medium-Size Enterprises

The Government of Jamaica is exploring the feasibility of utilizing accounts receivables asset-based financing as a funding option for micro, small and medium-size enterprises (MSMEs). The concept allows business owners to access capital that is secured by outstanding invoices or money owed by clients procuring goods and services on credit. Minister of Finance and the […]

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

National Export-Import (EXIM) Bank Of Jamaica Loans To Productive Sector Projected To Increase To JA$9.3 Billion For Upcoming Fiscal Year.

National Export-Import (EXIM) Bank of Jamaica loans to the productive sector is projected to increase to $9.3 billion for the upcoming fiscal year. This is according to the 2019/20 Public Bodies’ Estimates of Revenue and Expenditure, which was tabled in the House of Representatives by Finance and the Public Service Minister, Dr. Nigel Clarke. The […]

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

Jamaica’s Economic Growth Projected in the Range of 1.5 To 2.9 % Over the Next Four Fiscal Years.

Economic growth is projected in the range of 1.5 to 2.9 per cent over the next four fiscal years. This is according to the Government’s 2019/20 Fiscal Policy Paper, which was tabled in the House of Representatives on February 14, by Finance and Public Service Minister, Dr. the Hon. Nigel Clarke. The document indicates that […]

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

Jamaica’s Economic Independence Will Require “Long-Term Thinking”

Economic independence is not the freedom to do whatever we want; It is about implementing the right economic policies for Jamaica without prompting from anyone. Economic independence is not an absence of interdependence. Jamaica is a small, open economy where trade in goods and services as a percentage of GDP is very high, at over […]

From Vision To Reality: My Journey To Becoming An Entrepreneur

Jamaica Must Be Disciplined In The Management Of Its Economic Affairs

Finance and the Public Service Minister, Dr. Nigel Clarke, says Jamaica must be disciplined in the management of its economic affairs in order to ensure that there will be no need to return to the International Monetary Fund (IMF), once the current programme relationship ends. The Government’s Precautionary Stand-By Agreement with the international financial institution […]

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