Your Financial FactSheet

Interest rates on business loans surge
Strong demand for local currency loans and tight Jamaican dollar liquidity have driven interest rates charged on business loans by as much as six percentage points since the start of the year.

IMF Press Release:
Statement by IMF Managing Director: Visit to Jamaica

Devaluation painful but necessary, says IMF chief
KINGSTON, Jamaica — Christine Lagarde, managing director of the International Monetary Fund (IMF) described the local currency depreciation as painful but necessary to achieve competitiveness and restore dignity.

IMF Boss Says No More Harsh Fiscal Measures Required For Jamaica