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Gov’t to miss fiscal target

The fiscal deficit was running at $43.22 billion as at the end of the period April to November last year.  This amount was $976.70 million more than the $42.24 billion projected for by finance and public service minister, Audley Sha

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FirstCaribbean appoints a new managing director for Jamaica

 FirstCaribbean International Bank has announced the appointment of Clovis Metcalfe, a 35-year veteran of the bank, to the post of managing director in Jamaica. Metcalfe replaces current managing director, Milton Brady, who has been

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FirstCaribbean appoints a new managing director for Jamaica

 FirstCaribbean International Bank has announced the appointment of Clovis Metcalfe, a 35-year veteran of the bank, to the post of managing director in Jamaica. Metcalfe replaces current managing director, Milton Brady, who has been

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GDP now 15% higher after revision of national a/c system

The country’s Gross Domestic Product (GDP) is now 15 per cent higher because of a revision, by the Statistical Institute of Jamaica (Statin) last year, of the system used to measure it. The GDP is the broadest measure of domestic econo

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GDP now 15% higher after revision of national a/c system

The country’s Gross Domestic Product (GDP) is now 15 per cent higher because of a revision, by the Statistical Institute of Jamaica (Statin) last year, of the system used to measure it. The GDP is the broadest measure of domestic econo

Read More »

Gov’t to miss fiscal target

The fiscal deficit was running at $43.22 billion as at the end of the period April to November last year.  This amount was $976.70 million more than the $42.24 billion projected for by finance and public service minister, Audley Sha

Read More »

Debt climbing faster than output

 Data released by the Ministry of Finance and the Public Service indicate that the country’s debt is climbing faster than its output. The debt climbed at the rate of $4 billion per month for the period January to September of this

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Debt climbing faster than output

 Data released by the Ministry of Finance and the Public Service indicate that the country’s debt is climbing faster than its output. The debt climbed at the rate of $4 billion per month for the period January to September of this

Read More »

Central bank raises cash reserve ratios again

 Central Bank Governor Derick Latibeaudiere and his team raised the cash reserve from 11 cents per dollar to 13 cents per dollar of deposit in Jamaican dollars, while that for other currencies have been hiked from nine cents to 11 c

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Central bank raises cash reserve ratios again

 Central Bank Governor Derick Latibeaudiere and his team raised the cash reserve from 11 cents per dollar to 13 cents per dollar of deposit in Jamaican dollars, while that for other currencies have been hiked from nine cents to 11 c

Read More »