Search Result for: tax reform

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Simpson Miller: Jamaica “Working as Hard as Possible” on IMF Agreement

Above: Jamaica PM Portia Simpson Miller By the Caribbean Journal staff Jamaica Prime Minister Portia Simpson Miller and the country’s cabinet concluded a retreat held this weekend at Jamaica House, the Prime Minister announced in a statement Sunday night. The […]

UK Team in Montserrat to Review Strategic Growth Programme

Above: Little Bay By the Caribbean Journal staff A team from the United Kingdom’s Department for International Development is in Montserrat to examine whether has Montserrat has met its six-month milestones in the Strategic Growth Programme. The move comes after […]

New Constitution Comes into Effect in Turks and Caicos Islands

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff The new constitution of the Turks and Caicos Islands took effect Monday, marking the “beginning of the end” of the three-year UK interim administration, according to UK […]

Phillips: Jamaica and IMF Making Progress on Agreement

Above: Jamaica Finance Minister Dr Peter Phillips (FP) By the Caribbean Journal staff Jamaica and the International Monetary Fund are making progress on a long-awaited agreement between the two sides, according to Finance Minister Dr Peter Phillips. “We are at […]

St Kitts and Nevis to Receive $4.76 Million Disbursement from IMF

Above: Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis will be receiving a $4.76 million disbursement from the International Monetary Fund following approval by the fund’s Executive Board. The Stand-by arrangement was originally approved […]

US Virgin Islands Delegate Hails Supreme Court Health Care Ruling

Above: the US Supreme Court (Photo: Franz Jantzen) By the Caribbean Journal staff United States Virgin Islands Delegate to Congress Donna Christensen is hailing the decision by the US Supreme Court to uphold the constitutionality of the Affordable Care Act. […]

IMF: Risks to Jamaica’s Economic Outlook “Tilted to the Downside”

Above: Montego Bay By the Caribbean Journal staff The outlook for Jamaica’s economy is one of low growth, along with weaker debt and fiscal positions, in the absence of strong fiscal and structural reforms, according to a report from the […]

Op-Ed: Haiti’s Fight for Transparency

By Jake Johnston Op-Ed Contributor In the aftermath of the earthquake in Haiti, donors pledged billions of dollars for reconstruction efforts. With those dollars was a commitment to “build back better”; this time was supposed to be different from previous […]

Op-Ed: The Five Pieces of Haiti’s Puzzle

By Joshua Paul, MD Op-Ed Contributor In the wake of Haiti’s devastating earthquake of January 2010, scores of NGOs, charities and disaster experts flocked to the country in a valiant effort to conquer the chaos. Former United States President Bill […]

Op-Ed: Jamaica’s Local Election: The “Shine on the Ball” Illusion

By Kent Gammon Op-Ed Contributor The Jamaican people have answered the call of the People’s National Party (PNP) that they should elect their local councillor candidates to, as Prime Minister Portia Simpson Miller termed, “join up the power of government.” […]

Montserrat Aid Package on Track: DFID

Above: Dr. Kato Kimbugwe (centre) and Governor Adrian Davis (left) By the Caribbean Journal staff The government of Montserrat and the United Kingdom’s Department for International Development are closer to finalising a new aid package for the upcoming 2012/2013 budget […]

IMF Urges Montserrat to Reduce Dependence on United Kingdom Grants

By the Caribbean Journal staff The International Monetary Fund is urging Montserrat to reduce its dependence on recurrent and capital grants to fuel its economy, along with maintaining its ongoing reforms by the fund’s executive board. In the IMF’s recent […]

IMF: St Kitts and Nevis Met Performance Targets, Despite Weak Growth

Above: Charlestown, Nevis (Photo: CJ) By the Caribbean Journal staff The Federation of St Kitts and Nevis has met all quantitative performance targets through September 2011, according to the International Monetary Fund. The targets were met despite what the IMF […]

Jamaica Signs $198 Million Loan Agreements with IDB

Above: Finance Minister Audley Shaw (JIS Photo) By the Caribbean Journal staff Jamaica has signed loan agreements for a total of $198 million with the Inter-American Development Bank aimed at providing funding for fiscal reform and water projects. The loans […]

Jamaica, IDB Talk Benchmarks

Above: Finance Minister Audley Shaw (JIS Photo) Jamaica and the Inter-American Development Bank have discussed structural benchmarks identified by the country’s government to strengthen the economy and increase competitiveness. These areas include tax, pension and public sector wage reforms, according […]

World Bank Loans Jamaica $100M

By the Caribbean Journal staff The World Bank announced that its board of executive directors had approved a $100 million, 18.5-year loan to Jamaica. The loan will support a series of measures in the country aimed at enhancing fiscal and […]

Economist Dr Michael Witter on Debt, Globalisation and the Jamaican Economy

By Alexander Britell Dr Michael Witter is an economist and senior lecturer at the Sir Arthur Lewis Institute of Social and Economic Studies at the University of the West Indies Mona. He is also one of the Caribbean’s experts on […]

Irwin Stotzky: Haiti, Here We Go Again

Above: a girl stands in front of her home for persons displaced by the earthquake in Port-au-Prince. (UN Photo: Logan Abassi) By Irwin Stotzky Op-Ed Contributor The news from Haiti is grim. Nineteen months after the devastating earthquake, the future […]

A New Way to Fly to Abaco in The Bahamas