Unease over Jamaica’s IMF Review

By: - July 26th, 2011

The Private Sector Organization of Jamaica is concerned about Jamaica’s loan arrangement with the International Monetary Fund, as the world body has yet to complete its performance review for December 2010 and March 2011. Earlier this week, People’s National Party leader Portia Simpson Miller renewed a call for full disclosure regarding the status of the arrangement, since the June quarter had also ended without news regarding the IMF. “Since the Finance Minister has gone totally silent on the matter, I am now calling on the Prime Minister to tell people the truth, the whole truth and nothing but the truth about the IMF agreement,” she said. [Go Jamaica via Jamaica Gleaner]

The Caribbean Journal staff contributed reporting.

Jamaica

Barbados Nears Free Universal Wi-Fi

Barbados is on track toward becoming the first country in the world to offer free wireless access everywhere, according to Melanie Jones of the Barbados Entrepreneurship Foundation. The group is looking to make sure that there is free Wi-Fi in Barbados by Nov. 11. [Nation News]

Jamaica

In Jamaica, a New Tack on Tax

Above: Finance Minister Audley Shaw (JIS Photo) Jamaica is looking to instill a culture of tax compliance in the country, in response to what Finance Minister Audley Shaw called an “unacceptably low” level of tax payments. “There are people who willfully evade taxes, including a lot of businesses in downtown Kingston, and a lot of […]

Jamaica

BP Doubles Trinidad Oil Exploration

By the Caribbean Journal staff British Petroleum said it had been awarded a pair of deepwater oil exploration blocks off the Trinidad coast. The two blocks are off of Trinidad’s eastern coast. BP’s Trinidad operations account for more than half of the country’s natural gas output and 12 percent of BP’s global oil and gas […]


CARICOM Plans Regional Sports Academy

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Jamaica Monitors Gold Mine Leak

Dr Horace Chang (2nd left), addressing journalists about a toxic leak at the gold mine in Pennants, Clarendon, during a media briefing at the National Environment and Planning Agency yesterday. Others (from left) are: Chief Executive Officer, NEPA, Peter Knight; Permanent Secretary in the Ministry, Genefa Hibbert. Jamaica Monitors Gold Mine Leak The Jamaican Government […]

Dominica's Irwin LaRocque Tapped as New CARICOM Secretary-General

Above: Jamaica’s Reggae Boyz in Gold Cup play (Photo: CONCACAF) By the Caribbean Journal staff The Caribbean Single Market plans to establish a Regional Sports Academy that would focus on using sports as a vehicle for Caribbean integration. The plan was formulated at a meeting of the Regional Sports Academy Task Force last week in […]

Jamaica Seeks More Chinese Investment

Above: the Chinese embassy in Jamaica Above: the Chinese Embassy in Jamaica (Photo: Chinese Embassy) Jamaican Minister of Finance Audley Shaw said an invitation has been extended to the Chinese to expand their investments in the country. Shaw, who was speaking at the Jamaica Chamber of Commerce’s lunch forum at the Jamaica Pegasus Hotel on […]