Search Result for: development bank of jamaica
177 results found.
Jamaica: IDB Approves $60 Million Loan to Improve “Competitiveness”
Above: Kingston (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank has approved a $60 million loan aimed at improving “competitiveness” in Jamaica, the bank announced last week. The loan will “promote tax and land titling reforms and […]
Jamaica to Receive $80 Million IDB Loan for “Fiscal Sustainability”
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica will be receiving an $80 million loan from the Inter-American Development Bank aimed at improving the “effectiveness and efficiency” of the country’s tax system. The loan will target “fiscal sustainability,” […]
Political Independence and Economic Development in the Caribbean
By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]
Jamaica to Receive $31.6 Million Loan From IDB, China, European Commission
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica will be receiving a $31.6 million loan from the Inter-American Development Bank targeting efficiency in the country’s public sector. The loan was approved by the Inter-American Development Bank’s board of […]
World Bank Approves $130 Million Loan For Jamaica
Above: the World Bank By the Caribbean Journal staff The World Bank Board of Directors has approved a $130 million development policy loan for Jamaica. The loan aims to promote “economic stability, debt sustainability and improve competitiveness in Jamaica,” according […]
Jamaica Prime Minister Visits Japan
Above: Tokyo By the Caribbean Journal staff Jamaica Prime Minister Portia Simpson Miller left the country Saturday for a three-day visit to Japan. Simpson Miller is leading a delegation including Energy Minister Philip Paulwell, Ambassador Paul Robotham, Permanent Secretary in […]
A New Way For Trinidad and Jamaica to Work Together
By Paul Hay CJ Contributor William Demas, former Head of the Economic and Planning Division of the Government of Trinidad and Tobago, compared the five-year national plans of Jamaica and Trinidad and Tobago (T&T) in his book The Economics of […]
The Birth of “Start Up Jamaica”
Above: Minister of State Julian Robinson By the Caribbean Journal staff Jamaica’s government says it is planning a new initiative aimed at supporting entrepreneurs on the island. Jamaican Minister of State for Science, Technology, Energy and Mining Julian Robinson said […]
Op-Ed: World Bank VP Hasan Tuluy on a Balanced Path to Caribbean Prosperity
By Hasan Tuluy Op-Ed Contributor The recent High Level Caribbean Forum in Nassau was the latest in a series of discussions to develop a road map for the region’s long-term economic growth while addressing persistent debt and fiscal issues. A […]
Are Women in Jamaica Under Siege?
By Marcia Forbes, PhD CJ Contributor MANY ARE quick to point out the sprinkling of women in top-level positions in Jamaica as representative of “woman power.” Then, too, the country has a female Prime Minister. These relatively few high profile […]
A Boost For Venture Capital in Jamaica
Above: Kingston (CJ Photo) By the Caribbean Journal staff The Development Bank of Jamaica will be launching a new venture capital fund in 2014, according to Finance Minister Dr Peter Phillips. The fund is set to launch within the first […]
Jamaica, China Sign Four Agreements
Above: PM Portia Simpson Miller in China By the Caribbean Journal staff Jamaica and China have signed four agreements totaling “millions of dollars,” Prime Minister Portia Simpson Miller announced this week. Simpson Miller is on an official visit to China […]
Jamaica Off to Strong Start on IMF Reforms, But Economy Remains Sluggish
Above: Kingston By the Caribbean Journal staff Jamaica is off to a strong start under its new programme with the International Monetary Fund, but the country’s economy remains less than productive. The IMF concluded a staff mission to Jamaica last […]
Jamaican Prime Minister Visits China
Above: Jamaica Prime Minister Portia Simpson Miller By the Caribbean Journal staff Jamaican Prime Minister Portia Simpson Miller has arrived in Beijing for a five-day official visit to China. Simpson Miller’s visit comes after a meeting with Chinese President Xi […]
Jamaica to Host First-Ever Venture Capital Conference in Kingston
Above: the Jamaica Pegasus Hotel By the Caribbean Journal staff Jamaica will be hosting its first-ever venture capital conference in September. The conference, which is being launched by the Development Bank of Jamaica, will be hosted at the Jamaica Pegasus […]
Dennis Chung: Private Sector Growth and Jamaican Development
By Dennis Chung CJ Contributor LAST week I wrote about what the pillars of growth are. Today I want to answer a question, often asked in a roundabout way, by persons who say that the private sector has not done […]
Is Jamaica Serious About Tourism?
By Dennis Chung CJ Contributor EACH time I am away, I can’t help but do a comparison between the country I visit and Jamaica. In particular, I always look at the main industry of the country and contrast it against […]
Jamaica, Animation Hub?
By the Caribbean Journal staff Is Jamaica the next great centre for animation? Jamaica is hosting the two-day KingstOON festival this week, a conference aimed at promoting job opportunities among the country’s youth and positioning the country as “the next […]
IMF Approves $932 Million Jamaica Deal
Above: Kingston (CJ Photo) By Alexander Britell The International Monetary Fund’s Executive Board has approved a $932.3 million Extended Fund Facility arrangement for Jamaica, it announced Wednesday. The four-year EFF represents the equivalent of 225 percent of Jamaica’s quota in […]
Sheryl Sandberg’s “Lean In” and Jamaica
By Marcia Forbes CJ Contributor Trinidadian & Jamaican, Working Together TWO DYNAMIC WOMEN, Racquel Goddard from Trinidad and Kellie Magnus from Jamaica, got together to pull off an event hosted in Jamaica on World Book Night, celebrated April 23. Facebook […]
Jamaica Plans $4.5 Million in Funding for Small Business Sector
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has earmarked approximately $4.45 million in funding for micro, small and medium-sized enterprises in the country for fiscal year 2013/2014, according to Industry Minister Anthony Hylton. Of that money, which […]
Jamaica Begins New Initiative to Lower Road Traffic Deaths
Above: Kingston (CJ Photo) By the Caribbean Journal staff A new Inter-American Development Bank initiative aims to lower road traffic deaths in the Caribbean, particularly Jamaica, using better data collection practices. The initiative is a partnership between the IDB, the […]
A Jamaican Dollar For Your Thoughts
By David Rowe Op-Ed Contributor THE JAMAICAN DOLLAR is now trading at many licensed cambios at 100 to 1. This is not a good development for Jamaica and it is certainly not politically attractive for current PNP administration. The […]
Jamaica’s IMF Loan Rises to $958 Million; Board to Decide This Month
Above: Kingston (CJ Photo) By the Caribbean Journal staff A proposed 48-month funding arrangement under the Extended Fund Facility for Jamaica would total $958 million, according to the International Monetary Fund. That number is significantly higher than the $750 million […]
Op-Ed: The Logistics Hub Project and Jamaica’s Development
By Paul Hay Op-Ed Contributor ONE LINE of the Jamaican National Anthem reads: “Give us vision lest we perish.” Vision 2030 Jamaica provides a national development plan for making “Jamaica, the place of choice to live, work, raise families, and […]
Cyprus and Jamaica
By Dennis Chung CJ Contributor PROBABLY THE MOST senseless decision I have ever seen in my lifetime, was the decision by the Cyprus government and European Union to impose a levy of up to ten per cent on bank deposits. […]
Multilaterals Begin Discussions of Jamaica’s IMF Deal in Washington
Above: the World Bank’s headquarters in Washington By the Caribbean Journal staff The World Bank, the International Monetary Fund and the Inter-American Development Bank have begun talks on their potential commitments for Jamaica’s IMF programme, Finance Minister Dr Peter Phillips […]
Dennis Chung: The Cost of Cultural Habits in Jamaica
By Dennis Chung CJ Contributor IN 2011, I REMEMBER having a discussion with someone who questioned my continuous advice that people should look towards solar energy at home, and if necessary borrow the funds to install it. At the time […]
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