Dennis Chung: Why Devaluation Is Not Good for Jamaica
By Dennis Chung CJ Contributor OVER RECENT WEEKS there have been utterances from several quarters in Jamaica — including economists, analysts, and technocrats — about the benefits of devaluation for the country. The argument being made, is based on the […]
Jamaica Testing Conditional Cash Transfer Job Training Initiative
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is testing an on-the-job training initiative targeting families that participate in the country’s conditional cash transfer programme. The pilot project, financed by the Inter-American Development Bank, will subsidize as many […]
News Fitch Raises Jamaica's Sovereign Rating, Citing Debt Exchange
Above: Kingston (CJ Photo) By the Caribbean Journal staff Fitch has raised Jamaica’s local and foreign currency default ratings to “CCC” from “RD,” the New York-based firm announced Friday. The “CCC” rating implies that default is a “real possibility,” however. […]
Jamaica Looking to Deepen Linkages Between Agriculture, Tourism
Above: State Minister in the Ministry of Tourism Damion Crawford, Jamaica Broilers CEO Christopher Levy and Chief Technical Officer in Ministry of Agriculture, Marc Panton (JIS Photo) By the Caribbean Journal staff Linking Jamaica’s agriculture and tourism sectors can help […]
Jamaica Swears in New Contractor General
Above: Governor General Sir Patrick Allen and Contractor General Dirk Harrison (JIS Photo) By the Caribbean Journal staff Jamaica has sworn in Dirk Harrison as the country’s fifth Contractor General. Harrison succeeds Greg Christie, whose tenure concluded Dec. 1, 2012. […]
Markets Green Hotel Project Launches in Jamaica
Above: Half Moon in Jamaica By the Caribbean Journal staff A new programme aimed at helping Caribbean hotels go green officially launched in Jamaica last week. The Caribbean Hotel Energy Efficiency and Renewable Energy Action Advanced Programme (CHENACT AP), which […]
Op-Ed: What’s Wrong With Jamaica’s International Monetary Fund Deal
By Kent Gammon Op-Ed Contributor JAMAICA JOINED the International Monetary Fund (IMF) in 1963. At that time, Jamaica had positive international net reserves of US$115.8 million falling by 1976 to negative net international reserves of $435.5 million. In 1976, Jamaica […]
Jamaica to Privatize Management at Kingston's Norman Manley Airport
Above: Norman Manley International Airport By the Caribbean Journal staff Jamaica’s government is planning to privatize management at the Norman Manley International Airport in Kingston by 2014, Transport Minister Omar Davies announced. The move will be implemented through a public-private […]
