More protection for savers in deposit insurance law

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Jamaica Gleaner: “More protection for savers in deposit insurance law”

Jamaican lawmakers have approved changes to the Deposit Insurance Act that expand the scope for protection of depositors connected to trust accounts, and in circumstances where institutions merge.


Jamaica Gleaner: “Central bank chief promises to wrestle inflation lower”

Brian Wynter, governor of the Bank of Jamaica (BOJ), remains committed to holding a tight grip on monetary policy and bringing down interests rate even further, in the lead-up to the crafting of the next budget, he said Wednesday.

IMF approves US$49 Million after third review of Jamaica

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Jamaica Observer: “IMF approves US$49 Million after third review of Jamaica”

New York, USA. The International Monetary Fund (IMF) has approved the immediate disbursement of US$49.3 Million to Jamaica under its Stand-By (SBA) arrangement with that country.


Jamaica Gleaner: “Financial sector rescue fund to be wound down – IMF”

The International Monetary Fund (IMF) last Friday completed the third review of Jamaica’s economic performance under the standby arrangement (SBA) and approved the immediate disbursement of US$49.3 million.


Jamaica Observer: “Brace for higher food prices”

Jamaican consumers are being told to brace for higher food prices as the soaring cost of grains on the international market is expected to impact the cost of feeds used in the production of diary, poultry, meats and eggs.

The Past and Present Tense of Money

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Jamaica Observer: “The Past and Present Tense of Money”

The start of a new year usually fills our hearts with optimism and hope for a better future. I’ve always been fascinated by this phenomenon – why should this period inspire us to create lofty resolutions and ambitious declarations? Why do we anticipate that the fading old year will usher in bright beginnings?


Jamaica Observer: “Gov’t commits to pressing banks to reduce charges”

MINISTER of Industry, Investment and Commerce, Karl Samuda says the Government will continue to press banks to reduce unfair and exorbitant service fees, and that the Consumer Affairs Commission (CAC) will expose such practices wherever they are found.