March 9 ,2018 The international Monetary Fund (IMF) hosted a seminar featuring the following topics; Improving Outcomes: Women, Youth and agriculture”, “The Economics of Crime in Jamaica: Youth Opportunities, Violence and a Vicious Cycle” and “The Climate Change, Agriculture Resilience, and Poverty Nexus”. Dr. Constant Lonkeng Ngouanaa opened the proceedings with an explanation regarding the
February 13, 2018 Bank of Jamaica today publishes the schedule of announcements of monetary policy decisions for 2018. This public commitment to a schedule for announcing monetary policy decisions is intended to improve the transparency of Bank of Jamaica’s monetary policy framework. Announcements will at minimum be in the form of a press release, which will indicate the decision
January 30, 2018 According to the Eurostat, the statistical office of the European Union, the seasonally adjusted GDP increased 0.6% in the euro area (EA19) and in the EU28 during the fourth quarter of 2017. GDP for the whole year grew 2.5% in both zones. Gross Domestic Product advanced 2.7% and 2.6% respectively for the
January 24, 2018 Government debt to GDP ratio fell to 82.5% in the third quarter (2017) compare to the 83.3% recorded in the second quarter in 2017. Year over year third quarter government debt decreased from 82.9% to 82.5% in 2016 and 2017 respectively. At the end of the third quarter of 2017, debt
January 18, 2018 Bank of Jamaica announces that effective 18 January 2018 the policy interest rate (the rate offered on overnight placements with the Bank) will be reduced to 3.00 percent from 3.25 percent. This adjustment reflects the Bank’s assessment that inflation for the next eight quarters should remain within the target of 4.0 per
January 17,2018 Business Confidence Index Business Expectation is at its second highest level since the start of the study in 2001. The Jamaica Chamber of Commerce(JCC) index for Business Confidence in the fourth quarter of 2017 rose to a high of 142.6 from 135.2 recorded in the third quarter of 2017. The Business Confidence index
The Eurostat- the statistical office of the Eurozone reported an unemployment rate for November 2017 for the Euro area (EA19) of 8.7%. This represent a slight decrease from the preceding October 2017 unemployment rate of 8.8%, and a 1.1% fall from the corresponding period of November 2016, when unemployment rate was a high of 9.8%.
