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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 ...
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 ...
This is a list of newspapers in Jamaica: Daily Star [1] The Daily Gleaner, the oldest Jamaican daily published by Gleaner Company, founded in 1834, oldest continually published, English language newspaper in the Western Hemisphere [2] The Agriculturalist, the oldest and most consistent agricultural newspaper in the Caribbean for 28 years ...
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.
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]
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 Financial Services Commission was established to improved the Financial Supervision in Jamaica after the 1995 Financial Crisis. [1] After the act was passed, the senior directors and key executive members were hired in November 2001. The General Manager was on-boarded in February 2002 and in April, the operations was started. [3]
The Jamaica Information Service was established in 1956. [3] At its inception, the agency was first known as the Government Public Relations Office (GPRO), which was primarily concerned with issuing press releases and maintaining good relations between the press and the Government.