We’ll Ensure Order In FX Market, Says Phillips
The country’s finance minister, Dr Peter Phillips, yesterday warned that the Government would not sit idly by and allow speculative pressure to build up on the Jamaican dollar.
Strengthening Debt Management
THE government recently passed legislation for a tighter, better management of public debt, among other things. One of the most important aspects of debt management is setting a ceiling for debt, but I did not see anything definitive about this in the legislation.
Jamaica racks up J$12.5m per hour in new debt
Jamaica racks up J$12.5m per hour in new debt
Data gathered from diGJamaica.com has revealed that the nation has, up to September, incurred billions of dollars in new debt, the value of which could, theoretically, go a far way in addressing many of the island’s greatest concerns.
Restructuring Jamaica for growth and development
Restructuring Jamaica for growth and development
I think it is patently clear to everyone that the policies for Jamaica’s growth and development have not worked. Since the 1970s, the country has been generally on a downward trajectory. We have seen pockets of growth, but the general trend has been a decline in our economic and social fortunes.