KINGSTON, Jamaica, CMC - President of the Jamaica Chamber of Commerce (JCC), Francis Kennedy says it is highly unlikely that the country will seal a deal with the International Monetary Fund (IMF) before the end of next month.
On Tuesday Finance Minister, Dr. Peter Phillips said he was still hopeful that Jamaica's IMF programme will be approved before the end of this month and the timing of the approval is hinged on talks involving key multi-lateral agencies.
Jamaica
KINGSTON, Jamaica - People who view politicians with scepticism and a great deal of suspicion are likely to dismiss the People's National Party's (PNP's) desire to address public perception of corruption in politics.
Yet, it is a burning issue that the ruling party should be commended for confronting with the hope of correcting in this its 75th year of existence.
NEW YORK, CMC - Jamaican-born legislator, Nick Perry, is calling for more support for illegal Caribbean youths in the United States.
Perry, a New York State Assemblyman, who represents the predominantly Caribbean 58th Assembly District in Brooklyn, New York, said that he is standing firmly behind the New York State Assembly’s “million dollar commitment” to fund the creation of the Deferred Action for Childhood Arrivals (DACA) Tuition Fund.
KINGSTON, Jamaica - Jamaica faces external non-tariff barriers to trade mainly from the United States, followed by Barbados and Antigua and Barbuda. But a new report also cites Jamaica for throwing up its own internal blockades to trade flows, which hamper exports. The new International Trade Centre (ITC) report on non-tariff barriers (NTMs) in the Caribbean indicates that export inspections are the most common burden affecting local companies in various agricultural and manufacturing sectors.
KINGSTON, Jamaica, CMC – The Jamaica government says “contingency discussions” involving various international financial institutions have held up its programme for approval by the International Monetary Fund (IMF). Finance Minister Dr Peter Phillips told legislators that the discussions involve the IMF, the Inter-American Development Bank (IDB), and the World Bank “regarding the extent of the commitment from each institution to support the IMF programme”.
KINGSTON, Jamaica - FOR THE fifth time since forming the Government in January 2012, the Portia Simpson Miller-chaired Cabinet is to go into retreat.
Sandrea Falconer, minister with responsibility for information, said the Cabinet retreat will take place this Sunday.
"Cabinet ministers will discuss the growth agenda, including job-creation strategies, human-capital development, social inclusion, improved security and safety, fiscal prudence, and the pursuit of a credible economic programme," Falconer said at yesterday's weekly Jamaica House press briefing.
KINGSTON, Jamaica - Yesterday's deadly bomb blasts in Baghdad and other Iraqi cities were bloody reminders of the country's continued instability and the fact that it could still collapse into a Balkanised entity, or even a completely failed state.
But perhaps the greater lesson from today's Iraq is of the dangers that lurk when citizens are cowed or cajoled into forfeiting independent thought in favour of intellectual conformity and the embrace of iterative policies by their governments.
KINGSTON, Jamaica - "It is incumbent in all of us to make our voices heard, armed with the facts, that the time has come for a dramatic change to the structure and governance of the West Indies Cricket Board as called for by the Patterson Report."
KINGSTON, Jamaica - It is estimated that there are as many Jamaicans living abroad as there are in Jamaica. This is because many people who are of Jamaican descent, but who have not themselves been to Jamaica, claim Jamaican identity.
This is undoubtedly a definite sign of the strength of the values, patterns of thought, and behaviour that are distinctly Jamaican. As such, people of Jamaican descent hold fast to their "Jamaicaness" because this unique culture is kept alive, regardless of what societies they live and work in.
KINGSTON, Jamaica - FINANCE Minister Dr Peter Phillips told Parliament yesterday that 'contingent discussions' are holding up submission of the Government's programme to the International Monetary Fund (IMF) board for approval by month end.
"There are some contingent discussions now taking place between the Fund, the Inter-American Development Bank (IDB), and the World Bank regarding the extent of the commitment from each institution to support the IMF programme (for Jamaica)," Dr Phillips said.