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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 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 Jamaican government has established several incentives for climate finance. These include the following: A net billing program whereby energy exported to the grid receives compensation. [14] The common external tariff ranges from 10-20% on goods and is suspended for renewable energy and energy efficient items and appliances. [15]
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]
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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.
Water supply and sanitation in Jamaica is characterized by high levels of access to an improved water source, while access to adequate sanitation stands at only 80%.This situation affects especially the poor, including the urban poor many of which live in the country's over 595 unplanned squatter settlements in unhealthy and unsanitary environments with a high risk of waterborne disease.
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.