Search Result for: tax reform
102 results found.
St Lucia Mulls Tax Reform
Above: St Lucia Governor General Dame Pearlette Louisy (Photo: GIS) By the Caribbean Journal staff St Lucia’s government is committed to ensuring greater tax equitability, and a better forecast of incoming government revenue, according to Governor General Dame Pearlette Louisy. […]
EU Urges Jamaican Tax Reform
Above: From left, Industry Minister Dr Christopher Tufton and EU Delegation Head Amb. Marco Alemanni Private and public sector stakeholders in Jamaica should commit to measures to effect tax reforms and contain wage increases if it is to achieve macroeconomics […]
Montserrat Reforms Import Tax Rates
By the Caribbean Journal staff Montserrat will introduce measures to simplify and rationalize the island’s import tax rates next month, according to Frank Ferguson, director general of the Montserrat Revenue Services. The revisions will cause changes to be made to […]
What’s Holding Back Jamaica’s Reforms
By Dennis Chung CJ Contributor ANYONE who has been reading or listening to my recent commentaries would realize that I am fully in support of the reform agenda otherwise known as the IMF programme in Jamaica. Similarly, anyone who has […]
Op-Ed: Taxing Jamaica’s Future
By Ramesh Sujanani Op-Ed Contributor There is no doubt that Jamaica is one of the world’s most taxed countries (in more ways than one). Nominal incomes for low-to-middle income individuals, after taking out the exemption level, (which has been revised […]
Montserrat Premier Signs Memorandum With UK on Government Reforms
Above: signing the MoU (Photo: GIS) By the Caribbean Journal staff Montserrat Premier Reuben Meade has signed a Memorandum of Understanding with the United Kingdom’s Department for International Development outlining a series of governmental reforms the territory must undertake to […]
Jamaica Talks Flat Tax for Informal Sector
Above: Commerce Minister Dr Christopher Tufton and Finance Minister Audley Shaw By the Caribbean Journal staff The Chartered Accountants of Jamaica have proposed applying a flat tax rate for operators in the country’s informal sector, like taxi drivers and vendors, […]
Jamaica Getting $130 Million Loan to Help Stimulate Economic Growth
A major financing program By the Caribbean Journal staff Jamaica is getting a $130 million loan from the Inter-American Development Bank, the organization announced. The loan aims to strengthen Jamaica’s structural program for economic growth. “The Jamaican government has been […]
What Are Jamaica’s Options on Public-Sector Wages?
By Dennis Chung CJ Contributor ONCE again the public sector wage negotiation is the main topic of the day in Jamaica. This was also the case in 2004, when the first round of wage freezes was agreed. Then, just like […]
Radisson Closes in San Juan
Above: the Radisson in San Juan By the Caribbean Journal staff The Radisson Ambassador hotel in San Juan, Puerto Rico has closed its doors. The company’s website reported that the “selected hotel is off-line and is not accepting reservations.” The […]
Jamaica’s Path to Prosperity
By Dennis Chung CJ Contributor Jamaica’s January fiscal numbers reveal a concern that many of us expressed at the start of the International Monetary Fund agreement: that achieving the primary surplus target is going to be very challenging. The numbers […]
Transforming Jamaica’s Public Sector
By Dennis Chung CJ Contributor ANYONE WHO has been reading my articles will be aware that I have always been caught up with the need to transform the public sector into a more efficient and facilitative support for private sector […]
Jamaica to Receive $80 Million IDB Loan for “Fiscal Sustainability”
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica will be receiving an $80 million loan from the Inter-American Development Bank aimed at improving the “effectiveness and efficiency” of the country’s tax system. The loan will target “fiscal sustainability,” […]
The Mechanics of Growth in Jamaica
By Dennis Chung CJ Contributor A FEW days ago I was on a radio interview where the question was: Who was responsible for growth, government or the private sector? This question, I think, is of fundamental importance if we are […]
Op-Ed: The United States and Sugar Policy in the Caribbean
By Isabel Wees Op-Ed Contributor In 2001, President George W Bush launched the Caribbean Third Border Initiative with the countries of the Caribbean “to make sure the benefits of globalization are felt in even the smallest economies.” The Third Border […]
Changing the Attitude in Jamaica
By Dennis Chung CJ Contributor PROBABLY THE best known sporting brand, Nike, has a very simple tagline — “Just do it.” If you think about it, the tagline simply means that the only way to get results is to act. […]
A New Vision For Jamaica
By Dennis Chung CJ Contributor THIS week I am going to look at the positive impact we can have on Jamaican development if we were to fix the crime and bureaucracy challenges I discussed last week. I will once again […]
IMF: “Tentative Signs” of Gradual Economic Recovery in Jamaica
Above: Kingston (CJ Photo) By the Caribbean Journal staff Is Jamaica on the road to recovery? Not quite, but there are signs of life, according to the International Monetary Fund completed its second review of the country’s economic performance under […]
Transforming Productivity in Jamaica
By Dennis Chung CJ Contributor LAST WEEK I referred to what I think is Jamaica’s biggest risk (that of the unproductive human resources) and also addressed my belief that the economic programme is on the right track, given the accomplishments […]
Dennis Chung: Behaviour and Economic Growth in Jamaica
By Dennis Chung CJ Contributor LAST SATURDAY I was with my cycling group for the ride out to Palisadoes and back. After getting to the airport roundabout we usually turn and go back to Harbour View before heading back to […]
IMF Approves Disbursement of $30.6 Million to Jamaica
Above: Kingston (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $30.6 million disbursement to Jamaica. The move follows the completion of its first review of the country’s performance under an economic programme […]
Dennis Chung: Economic and Social Transformation in Jamaica
By Dennis Chung CJ Contributor “EVERYBODY want to go to heaven, but nobody want to die”. These words were sung by Peter Tosh in “Equal Rights.” In other words, how can we expect to go to heaven if we are […]
The Jamaican Economy’s Biggest Problem
By Dennis Chung CJ Contributor ON Wednesday I attended the presentation of a report by Professor Vanus James that examined the foreign exchange policy, and what is most appropriate. The study was initiated by Edward Seaga, and is a very […]
Is Business Confidence Up in Jamaica?
Above: Kingston (CJ Photo) By the Caribbean Journal staff Business confidence is rising in Jamaica. At least that’s the verdict from Jamaican Finance Minister Dr Peter Phillips. The Minister, who was speaking at a Chamber of Commerce forum in Mandeville […]
Jamaica’s Pillars for Growth
By Dennis Chung CJ Contributor MY last article looked at how Jamaica can increase competitiveness in the tourism industry, which is critical for Jamaica because tourism is our highest foreign exchange earner, and the area in which we have always […]
Does Jamaica Need a Redesign?
By Dennis Chung CJ Contributor Playing Cricket on a Volleyball Court ANYONE who knows the game of cricket would know how difficult it would be to fit all 22 players, both umpires, and both sets of stumps on a volleyball […]
Jamaica, IMF Reach $750 Million Staff-Level Agreement
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has reached its long-awaited agreement with the International Monetary Fund, the organization announced in a statement Friday. The staff-level agreement is on the key elements of an economic programme that […]
Jamaica “Finalizing” IMF Agreement, Plans Debt Exchange Offer
Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is now “finalizing” a new agreement with the International Monetary Fund, along with a debt exchange offer to be made Tuesday, Prime Minister Portia Simpson Miller said in a national […]
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