The country’s debt will surge over the $1 trillion mark this year. Data released by the Debt Management Unit at the Finance Ministry indicated that the public debt zipped from $973 billion ($332, 333 for every man, woman and chil
The application made by Cash Plus Limited to the Supreme Court to determine whether their activities fall under the Securities Act, was discontinued on Wednesday, after presiding judge, Justice Patrick Brooks, was advised by the attorney
There have been three great inventions since the beginning of time, fire the wheel and central banking. The primary role of a central bank is to control the flow of high-powered reserves in an economy at a level that is consistent with t
The country’s already consumers will be dealt another body blow shortly when the prices of eggs is likely to surge. The price of food contributes almost 40 per cent of the weights assigned to basic basket of 485 items used to measure t
The spreading inflation virus zipped to a 12-year high of 17 per cent as at the end of the last calendar year, with the bulk of these increases taking place between September and December. This was mainly due to galloping food and
By Durrant Pate
Senior Staff Reporter
The incidence of poverty in Jamaica has declined by half of a per cent and is now at it lowest ever at 14.3 per cent.
The latest Jamaica Survey of Living Conditions (JSLC) 2006
A career banker with over twenty-five years of experience, Minna Israel was appointed Managing Director Designate of RBTT Bank Jamaica Limited effective January 21, 2008.
Highly trained in corporate, commercial and retail ban
Approximately of thirty six million dollars (J$ 36,021,767) was granted by the Culture, Health, Arts, Sports and Education Fund (CHASE) Fund to effect repairs to 18 basic schools which suffered extensive damage to buildings a
As the debate rages over whether the Government of Jamaica (GoJ), should collect more taxes from the private sector, rather than lay off 20,000 public sector workers in order to reduce the fiscal deficit to the internationally accepted l
Data released by the Ministry of Finance and the Public Service revealed that if the 20 per cent of country’s businessmen who are always advising the various governments to reduce the fiscal deficit and interest rates paid their taxes,