The economy likely performed well in the fourth quarter on the back of a solid tourism sector and a healthy labor market. In October, the unemployment rate declined in year-on-year terms, while employment increased, most notably among women…
Category: Top stories: Local
The World Bank in Jamaica; Country Overview
After four decades of little or no growth, the Jamaican economy is expected to grow at 1-2% over the medium term. The country is confronted by serious social issues that predominantly affect youth, such as high levels of crime and violence and high unemployment.
Great job, stay the course, says IMF
Great job, stay the course, says IMF
In their fifth review of the IMF’s extended fund facility, the IMF noted that the programme is “on track”, with “strong policy implementation”. All quantitative targets and structural benchmarks were met.
Jamaica Moves from Stable to Positive
Jamaica Moves from Stable to Positive
International credit rating agency, Standard and Poor’s (S&P), has improved its outlook on Jamaica from stable to positive.