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Jamaica

Jamaica Articles
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Economy

Jamaica's foreign minister, Arnold Nicholson, has come under pressure in recent weeks after a speech in which he stated that the island's manufacturers should cease the ongoing quarrel... 2013-07-01


Economy

After bottoming in March at US$884mn, foreign reserves have bounced to US$989mn as of May 2013, bolstered by the first tranche of IMF funding. While this move was broadly in line with... 2013-07-01


Economy

The International Monetary Fund has approved a four-year Extended Fund Facility agreement of US$932mn for Jamaica, which we see as key in stabilising the Caribbean economy. Indeed,... 2013-05-06


More ARTICLES

Economy

Prime Minister Portia Simpson-Miller is reportedly confident that her administration will be able to gain the support of opposition legislators and push through a bill to make the Caribbean... 2013-05-06


Economy

Member of Parliament Daryl Vaz has offered to take a 5% pay cut, urging fellow legislators to follow suit in an attempt to rein in spending. While we believe this is a largely symbolic... 2013-04-08


Economy

The Jamaican government has presented a budget for FY2013-14 which proposes substantial fiscal austerity and includes measures to increase revenue collections, with a goal of running... 2013-04-08


Economy

After plunging from US$1.8bn to US$940mn between February 2012 and February 2013, we expect the decline in Jamaica's foreign reserves position to improve modestly over the coming year.... 2013-03-25


Economy

According to local news sources, the Jamaican economy contracted by 0.6% year-on-year in Q412, bringing full-year growth to -0.3%. This was due both to sluggish demand for the country's... 2013-03-05