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This Tiny Caribbean Island Isn’t For Everyone — And That’s What Makes It Cool. 

Saba.

Some Caribbean islands are shaped by beaches, resorts, and easy shorelines. Saba is shaped by edges — sharp cliffs, climbing roads, and an island silhouette that doesn’t resemble anywhere else in the region. It’s the sort of place travelers hear about long before they ever meet someone who’s actually been, a huge volcanic peak rising […]

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Bank of Jamaica: $1.6 Billion in Reserves

Above: BOJ Governor Brian Wynter The level of net international reserves at the Bank of Jamaica stood at $1.96 billion at the end of last month, according to recently released data. The figure marks a $70 million drop from the end of October, but represents nearly 20 weeks of goods and services imports, based on […]

bank of jamaica

BOJ: Speculation over Jamaican Election Date Creating Economic Risk

Above: BOJ Governor Brian Wynter By the Caribbean Journal staff Speculation about the date of the next Jamaican election could add to the uncertainties created by the International Monetary Fund’s delay in reviewing the country’s medium-term economic programme, according to Bank of Jamaica Governor Brian Wynter. Wynter was speaking at a media briefing to present […]

bank of jamaica

Major Changes Weighed for Bank of Jamaica's Powers

Above: Bank of Jamaica Governor Brian Wynter (JIS Photo) By the Caribbean Journal staff The Bank of Jamaica has released a discussion paper outlining a proposal that would give the bank overall responsibility for financial stability in Jamaica. The paper, which was posted on the banks’ website at the beginning of the month, outlines proposed […]


BOJ: Speculation over Jamaican Election Date Creating Economic Risk

The Bank of Jamaica’s holdings exceeded $2 billion at the end of October, according to its reports at the end of the month. Jamaica’s Net International Reserves stand at $2.032 billion, although that is a reduction of about $48.4 million from the end of September. According to analysts, reserves should be sufficient to pay for […]

Jamaican Economy to Grow 1 to 2 Percent

The Jamaican economy could grow between 1 and 2 percent his year, according to the Bank of Jamaica. The growth will be driven by extensions in agriculture, mining and quarrying, along with hotels and restaurants. “The Jamaican economy has started to show concrete signs of recovery,” said BOJ Governor Brian Wynter. “Interest rates are at […]

Bank of Jamaica Governor Brian Wynter: "Remarkable Change" Under Way

Brian Waynter (Photo: JIS) Jamaica is going through a period of “remarkable change,” Bank of Jamaica Governor Brian Wynter said yesterday at the Caribbean Canadian Emerging Leaders’ Dialogue Economic Symposium in St. Andrew. Wynter said the bank was working on developing the institutional structure of financial markets, strengthening the credit system and improving fiscal discipline […]