Search Result for: fiscal package

18 results found.

CJI Conversation: What’s Next for Tourism Investment in Trinidad

By Joe Pike, Special Contributor To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe today to […]

Jamaica Needs a Serious Approach to Development

Time for a new approach for Jamaican Development By Dennis Chung CJ Contributor The current government has economic growth as its main thrust. The phrase coined by the Growth Council — “Five in four” — refers to the objective to […]

Jamaica’s Surplus Question

What’s the right target? By Dennis Chung CJ Contributor THE primary surplus on the fiscal accounts can be defined as what is left to service debt after the government considers its revenues and expenditure on running the country. So wages, […]

Op-Ed: Is It Time For Regional Ferry Service in the Caribbean?

By George Nicholson and Nayaatha Taitt Op-Ed Contributors One race (de Caribbean man) From de same place (de Caribbean man) Dat make de same trip (de Caribbean man) On de same ship (de Caribbean man) So we must push one […]

Barbados Plans “Hotel Innovation Fund”

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Barbados is planning to create a “Hotel Innovation Fund” that would provide low-cost financing to hoteliers and other tourism providers. The government is currently meeting with tourism stakeholders to design the […]

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 […]

Dennis Chung: Jamaica’s Survival Under the International Monetary Fund

By Dennis Chung CJ Contributor AT THE END of December 2012, when it became clear no International Monetary Fund (IMF) deal was coming, I wrote an article titled “Jamaica without the IMF,” as I felt that it was important to […]

Op-Ed: What’s Wrong With Jamaica’s International Monetary Fund Deal

By Kent Gammon Op-Ed Contributor JAMAICA JOINED the International Monetary Fund (IMF) in 1963. At that time, Jamaica had positive international net reserves of US$115.8 million falling by 1976 to negative net international reserves of $435.5 million. In 1976, Jamaica […]

Chung: Fixing Jamaica’s Structural Deficiencies to See Growth

By Dennis Chung CJ Contributor THERE were two occurrences within the past week that reminded me that Jamaica still has a lot to do in order to see long-term sustainable development. There was an announcement that an International Monetary Fund […]

Dennis Chung: Jamaica’s Policy Options

By Dennis Chung CJ Contributor THERE ARE TWO THINGS of importance to Jamaica that occurred over the past two weeks which will have an effect on what happens to our economy going forward. The first is the update on the […]

Dennis Chung: Avoiding Economic and Social Decline in Jamaica

By Dennis Chung CJ Contributor JAMAICA IS ONCE AGAIN at an economic crossroads. Only this time it is more critical that we take the correct path, as the wrong one today leads over a precipice. The last time we were […]

Tillman Thomas: Sandals a Potential “Game-Changer” for Grenada

Above: Sandals LaSource Grenada By the Caribbean Journal staff The entry of resort company Sandals to Grenada’s market is a “tide that could lift all boats” in the tourism industry, Grenada Prime Minister Tillman Thomas said following the launch of […]

Cayman Islands Increases Import Duties on Cigarettes and Alcohol

Above: Georgetown (CJ Photo) By the Caribbean Journal staff The Cayman Islands has introduced increased import duties on cigarettes and alcohol as part of the territory’s new revenue measures for the 2012/2013 fiscal year, the office of Cayman Premier McKeeva […]

Op-Ed: Jamaica and the IMF

By David Rowe Op-Ed Contributor Shortly after the election of the People’s National Party Government in Jamaica, I reminded in this Journal that Jamaica needed to drastically improve its murder rate and corruption index; without doing so, it was unlikely […]

What China and Europe Mean for the Caribbean, from Haiti to Barbados

By Alexander Britell CHINA AND EUROPE remain the biggest threats to the Caribbean’s economy — that is, Chinese deceleration and European debt. But how vulnerable is the Caribbean to those potential external shocks? A recent study from the Inter-American Development […]

Regional Outlook: Preparing for the Worst, Hoping for the Best

By Hasan Tuluy Op-Ed Contributor Latin America and the Caribbean began 2011 on an economic high. After swiftly bouncing back from the 2008/2009 global crisis, the region grew at a record level in 2010 with some countries reaching East Asian […]

Interview with Turks and Caicos Islands Governor Damian Roderic Todd

By Alexander Britell In September, Damian Roderic “Ric” Todd was sworn in as the Governor of the Turks and Caicos Islands, succeeding Gordon Wetherell, who had served as governor since 2008. TCI, which saw its self-government suspended by the British […]

Turks Governor: “Tough Decisions” Ahead

Gordon Wetherell, Governor of Turks and Caicos, said there were “tough decisions” ahead for the territory, as the United Kingdom seeks to execute a financial support package for the archipelago, which saw its constitution suspended in 2009 after a series […]

In Antigua and Barbuda, a Must-Visit Caribbean Event for Foodies