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The reform program is beginning to bear fruit: Institutional reforms and measures to improve the environment for the private sector have started to restore confidence in the Jamaican economy. Jamaica jumped 27 places to 58 among 189 economies worldwide in the 2015 Doing Business ranking, the country's credit rating has improved and the ...
The English responded by increasing access land and other resources, and by attracting foreign investment. [19] Between 1950 and 1960 Jamaica experienced high rates of economic growth, due in large part to the growth of the Bauxite mining sector, which went from nonexistent to accounting for over 8% of GDP during the 10-year period. [20]
The International Monetary Fund on Monday named Jamaican Finance Minister Nigel Clarke to a top post at the agency, after the official spearheaded fiscal reforms in the Caribbean nation ...
Jamaica's initial quota was in the amount of US$20,000, which was allocated to the IMF in February 1963. Subsequently, Jamaica has increased its quota shares in 1966 (twice),and again in 1969, 1970, 1978, 1980, 1984, 1992, 1999, and in 2016. As of today, Jamaica has an outstanding (unpaid) loan in the amount of 528.78 million SDR's. [28]
Financial inclusion is the availability and equality of opportunities to access financial services. [1] It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services—which include banking, loan, equity, and insurance products.
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Access to finance is the ability of individuals or enterprises to obtain financial services, including credit, deposit, payment, insurance, and other risk management services. [1] Those who involuntarily have no or only limited access to financial services are referred to as the unbanked or underbanked, respectively.
The Caribbean Policy Research Institute (CAPRI) is a public policy think tank based at the University of the West Indies, Mona, Kingston, Jamaica. [1] The think tank's executive director is Dr. Damien King, Jamaican economist and lecturer in economics at the University of the West Indies, Mona.