New telephone calls tax cuts talk time
Jamaicans are to lose some of their calling time as a result of the new telephone tax structure despite assurances from the Government the measure should have no effect on customers.
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FIs rattled by NDX can tap $62b rescue fund – BOJ promises one-day liquidity approval
FIs rattled by NDX can tap $62b rescue fund – BOJ promises one-day liquidity approval
The financial rescue fund crafted by the Bank of Jamaica (BOJ) for liquidity and capital support has been launched initially with US$650 million seeded by the International Monetary Fund (IMF), but will be boosted further by an undisclosed sum after the IMF’s board signs off on the negotiated bailout programme.
Gov’t pleased with overwhelming support for debt exchange
Gov’t pleased with overwhelming support for debt exchange
JAMAICA was last night clearing its first hurdle towards a new International Monetary Fund (IMF) agreement, having secured a more than 97 per cent take-up of the National Debt Exchange (NDX).
Major holders back NDX
http://www.jamaicaobserver.com/business/Major-holders-back-NDX_13676543
THREE of the four largest holders of government debt have announced plans to fully participate in the National Debt Exchange (NDX). Scotiabank Group, Sagicor Group and Jamaica Money Market Brokers (JMMB) jointly called on investors to support the transaction.