finance

Thinking Differently in Jamaica

Jamaica Finance Minister Visits New York

Above: Jamaica Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica Finance Minister Dr Peter Phillips began a three-day visit to New York City on Wednesday. The visit will include a meeting with 50 of “the most prominent …

Cayman Islands, United States Conclude Talks on FATCA Law

Above: Georgetown (CJ Photo) By the Caribbean Journal staff The Cayman Islands and the United States have concluded talks on an intergovernmental agreement and a new tax information exchange agreement. Both pave the way for an automatic exchange of information …

CARICOM Finance Ministers Meet in Trinidad and Tobago

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff CARICOM Finance Ministers have begun a meeting in Trinidad focusing on the framework of the Fifteenth Meeting of the Council for Finance and Planning. The meeting will focus on …

Op-Ed: The Caribbean’s “Depth” Crisis

By Zhivargo S. Laing Op-Ed Contributor WHILE GOVERNMENT DEBT remains worrisome for many Caribbean and Latin American countries, socio-economic depth may be the more serious worry for sustainable growth and development in the future. Socio-economic depth here refers to the …

Haiti Finance Minister Marie Carmelle Jean-Marie Resigns

Above: Marie Carmelle Jean-Marie By the Caribbean Journal staff Haiti Finance Minister Marie Carmelle Jean-Marie has tendered her resignation. Jean-Marie had served as Haiti’s Minister of Economy and Finance since the summer of 2012, after Laurent Lamothe took over as …

Dennis Chung: Jamaica Without the IMF

By Dennis Chung CJ Contributor AS I READ the Dec. 29, 2012 statement, issued by Jamaica’s Finance Minister concerning the status of the International Monetary Fund negotiations, I thought to myself that it is not clear when Jamaica is …

Op-Ed: Kent Gammon on Reversing Jamaica’s Economic Decline

By Kent Gammon Op-Ed Contributor THE JAMAICAN ECONOMY continues to lag behind the rest of the world with a dismal 1.3 percent growth forecast for 2013. The Jamaican dollar is being sold officially for 92 dollars to one US …

Jamaica “On the Cusp” of Hotel Boom

Above: the Half Moon resort in Jamaica By the Caribbean Journal staff Jamaica’s hotel sector could soon see a surge in development, according to Finance Minister Dr Peter Phillips. While the country’s tourism sector was, like the rest of the …

Guyana Lowers Growth Projection for 2012, Citing Sugar Contraction

Above: Amaila Falls in Guyana By the Caribbean Journal staff Guyana has revised its 2012 growth projection downward from 4.1 percent to 3.8 percent, according to Finance Minister Dr Ashni Singh. The revision was a result of the country’s sugar …

Jamaica Reports Tax Revenue Increase

Above: Jamaican Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica saw an 11 percent increase in tax revenues in June compared to the same period in 2011, according to Finance Minister Dr Peter Phillips. The Minister made …

Holness Calls for End to Garrisons

Above Jamaican PM Andrew Holness (Photo: OPM) By the Caribbean Journal staff New Jamaican Prime Minister Andrew Holness says he will engage Opposition Leader Portia Simpson Miller in dialogue aimed at dismantling Jamaica’s garrison communities from the political landscape. Holness, …