peter phillips

Jamaica Says Fighting Corruption “A National Priority”

Social Justice and Economic Development in Jamaica

By Dennis Chung CJ Contributor EVERYONE should know by now that I believe Jamaica’s economic programme is being managed properly, as the fiscal and legislative adjustments being made are definitely the right option for creating a positive environment for economic …

Jamaica Finance Minister Peter Phillips to Visit United States, Europe

Above: Jamaica Finance Minister Peter Phillips (left) and Bank of Jamaica Governor Brian Wynter (right) will both be on the trip By the Caribbean Journal staff Jamaica Finance Minister Dr Peter Phillips will be heading to Europe and the United …

Jamaica Signs Off on IMF Measures; Talks Heading Toward “Final Round”

Above: Minister Peter Phillips (CJ Photo) By the Caribbean Journal staff Jamaica’s Cabinet has signed off on a series of measures required to advance the country’s negotiations with the International Monetary Fund, Finance Minister Dr Peter Phillips said at a …

Jamaica, UN Sign Memorandum of Understanding on Port Security

Above: Jamaica Finance Minister Dr Peter Phillips and the UNODC’s Troels Vester (JIS Photo) Looking to enhance security at the country’s ports, Jamaica has signed a Memorandum of Understanding with the United Nations Office on Drugs and Crime and the …

Jamaica Expects to Conclude Letter of Intent With IMF By End of 2012

Above: Jamaica Finance Minister Dr Peter Phillips (left) (FP) By the Caribbean Journal staff Jamaica’s government expects to conclude a letter of intent with the International Monetary Fund by the end of December, with negotiations expected to be finalized this …

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 …

Jamaica, Macau Sign Tax Agreement

Above: Macau Tower By the Caribbean Journal staff Jamaica and Macau have signed an agreement on the exchange of information on tax matters, Finance Minister Dr Peter Phillips said Friday. The pact will strengthen administrative cooperation between the two countries, …

Jamaica’s House Passes Bill on Foreign Company Tax Exemption

Above: Jamaica Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica’s House of Representatives has passed a bill offering a tax incentive for officers of global companies that set up their head offices in Jamaica. The Income Tax …

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 …

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 …

Jamaica’s Peter Phillips: Small Businesses “Critical” to Economic Rebound

Above: Finance Minister Dr Peter Phillips and Industry Minister Anthony Hylton (JIS Photo) By the Caribbean Journal staff Jamaica’s small business sector is a critical part of the country’s economic recovery, according to Finance Minister Dr Peter Phillips. The Minister …

Jamaica’s Phillips Urges Credit Unions to Comply with International Regulations

Above: Jamaican Finance Minister Peter Phillips By the Caribbean Journal staff Jamaican Finance Minister Peter Phillips is urging the country’s credit unions to promote the need to adhere to international financial regulations. “The global environment is now requiring us to …

Jamaica’s Phillips: Country Must Put Debt on Downward Trajectory

Above: Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica must develop comprehensive policies aimed at putting the country on the path toward reducing its debt burden, according to Finance Minister Dr Peter Phillips. Jamaica’s debt payments were, …

Jamaica’s Economic Recovery “Fragile,” With Strong Downside Risks: IMF

Above: IMF Mission Chief for Jamaica Luis Breuer and Jamaican Finance Minister Dr Peter Phillips (FP) By the Caribbean Journal staff While Jamaica saw positive GDP growth in 2011, following three consecutive years of decline, its recovery remains “fragile,” according …

IMF Begins Article IV Review in Jamaica

Above: Finance Minister Dr Peter Phillips By the Caribbean Journal staff The International Monetary Fund is now undertaking an Article IV review, which could signal the beginning of negotiations for a new programme with the IMF. The IMF Mission’s review …

Jamaica “Has to Do Much to Restore Its Credibility” With Multilaterals

Above: Jamaica’s Finance Minister Dr Peter Phillips (FP) By the Caribbean Journal staff Jamaica has to do much to restore its credibility with multilateral organizations like the IMF and World Bank and in the marketplace, according to Jamaican Finance Minister …

Jamaican Prime Minister Hopeful on New International Monetary Fund Agreement

Above: Jamaican PM Portia Simpson Miller (Photo: OPM) By the Caribbean Journal staff Jamaican Prime Minister Portia Simpson Miller said the new International Monetary Agreement that is soon to be negotiated will provide confidence to the business community. According to …

Jamaica Readies Emergency Jobs Plan

Above: Finance Minister Dr Peter Phillips (JIS Photo) By the Caribbean Journal staff Jamaica’s government is set to roll out its Jamaica Emergency Employment Programme (JEEP) before the end of the current financial year on March 31, according to Finance …