The World Bank has priced a catastrophe bond that will provide the Government of Jamaica with financial protection of up to US$185 million against losses from named storms for three Atlantic tropical […]
Two public bodies, the Airports Authority of Jamaica (AAJ) and a subsidiary violated government regulations in their $443-million investment in start-up private equity firm First Rock Capital Holdings, the finance minister, Dr […]
Jamaica’s poverty rate for 2019 was estimated at 11.0 per cent, compared with 12.6 per cent in 2018. Finance Minister, Dr Nigel Clarke, made the announcement on Tuesday during a statement in […]
The police sergeant who died as a result of injuries he sustained in a motor vehicle crash in Trelawny on Thursday, has been identified. The deceased is Marlon Smith, a close protection officer […]
Finance Minister Nigel Clarke has announced that the Government of Jamaica (GOJ) received a payment of J$500 Million in December 2020 in respect of the GOJ’s 2020/21 Excess Rainfall policy, held with the Caribbean Catastrophe Risk […]
Mismanagement was the term used by some to characterise Michael Manley’s handling of the economy during his tenure as prime minister leading up to the 1980 general election. Capital flight had bankrupted […]
Ravaged by fallout from the coronavirus disease, the Holness administration has established a high-powered task force to kick-start Jamaica’s battered economy and chart the road to recovery in the medium term. Chaired […]
Finance Minister Dr Nigel Clarke has attributed the 19 per cent drop in poverty between 2015 and 2016 to increased employment and reduction in the cost of living. Data from the Jamaica […]
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