Big Relief – No New Taxes, Says Phillips; Reform, Cutting Debt On Main Agenda
Minister of Finance and the Public Service Dr Peter Phillips has asserted that he harbours no intention of imposing new taxes on Jamaicans in 2014.
Author: Your Financial FactSheet
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Year in review: fixed income, FX markets in 2013 (Part 1)
Year in review: fixed income, FX markets in 2013 (Part 1)
TODAY we re-cap the major movements in our macro-economic landscape in 2013. We will segment our analysis between the fixed income market, primary debt market and a review of interest rate movements.
Expect lower growth — IMF
Expect lower growth — IMF
THE International Monetary Fund (IMF) shaved growth projections for Jamaica this year. The multilateral expects the economy to grow by 0.4 per cent this year, according to its latest World Economic Outlook (WEO) published on Monday, compared to its April estimate of 0.5 per cent.
IMF staff report: Jamaica’s ‘programme remains fully financed’
IMF staff report: Jamaica’s ‘programme remains fully financed’
THERE is no doubt that the Jamaican government has finally got religion in terms of meeting Jamaica’s IMF targets. Jamaica’s sovereign credit rating was upgraded by Standard and Poor’s (S&P) to B- on September 24 (importantly, with a stable outlook) from CCC+, an important event that was essentially not covered by the local press.