Jamaica

Jamaica's international reserve position has held up relatively well in recent months. Reserves currently stand at US$1.7bn, up from US$1.6bn in February.

We expect a 20% fall in remittances to be a major contributor to falling private consumption this year. As private consumption represents 83% of Jamaican GDP, a reduction in consumer... 2009-06-17

he Jamaican government has been forced to adopt a new strategy to sell off the loss-making Sugar Company of Jamaica (SCJ) after an offer from Brazil-based Infinity Bio-Energy ... 2009-06-04

From an estimated US$2.6bn (18.5% of GDP), we see Jamaica's current account deficit narrowing only slightly to US$2.3bn (17.6% of GDP) in 2009. In 2010, we expect further narrowing... 2009-06-04

Jamaica's National Security Minister Dwight Nelson has pledged to launch a direct and sustained assault on criminals, promising to 'crush' them using the full force of the law. Nelson... 2009-05-12

BMI View: Consumer prices rose by 12.4% y-o-y in March, down from 12.8% in February. This CPI growth rate is the lowest since October 2007, and the seventh consecutive monthly decline.... 2009-05-12

BMI View: Consumer prices rose by 12.4% y-o-y in March, down from 12.8% in February. This CPI growth rate is the lowest since October 2007, and the seventh consecutive monthly decline.... 2009-05-12

Declining economic activity will see Jamaica post a primary fiscal deficit in FY2009/10 equal to 7.4% of GDP, and a nominal deficit equal to 21.0% of GDP, as interest payments balloon... 2009-05-07

BMI View: Given its overarching reliance on external factors, the Caribbean economy is in danger of a prolonged period of recession. We are pencilling in real contractions of 2.5%... 2009-04-15

BMI View: Given its overarching reliance on external factors, the Caribbean economy is in danger of a prolonged period of recession. We are pencilling in real contractions of 2.5%... 2009-04-15