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S&P
rates Ja for fiscal discipline, debt reduction - Despite derailed budget
targets Standard & Poor's Ratings Services on Wednesday affirmed its 'B' long-term and 'B' short-term sovereign credit ratings on Jamaica, saying its outlook was stable, a day after lawmakers approved a $14 billion increase in the national budget resulting from a bigger wage bill and higher debt servicing costs. . . (Full Story March 11, 2007) Jamaican
economy 'remarkably strong' during 2006/07, says IMF |
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Ja
gets top rating from IMF - Most positive report in 18 years - Davies |
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Inflation
for 2006 was the lowest in 26 years The ability to contain inflation has proven to be one of the bright spots of the Jamaican economy. For the December quarter, headline inflation was 0.3 per cent, well below the average increase of 2.9 per cent for the last 5 December quarters. With this out-turn, headline inflation for the calendar year 2006 was 5.8 per cent. This compares with 12.9 per cent for 2005.. . . (Full Story February 18, 2007) |
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Jamaica
Economy Grew By 2.7 Per Cent Last Quarter, Agriculture Star Performer The Planning Institute of Jamaica (PIOJ) has reported that the economy grew by 2.7 per cent during the October to December quarter, with the agricultural sub-sector emerging the star performer, with growth of 12.4 per cent. . . . (Full Story February 16, 2007) |
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PIOJ
head sees economic boom on the horizon Jamaica's two major arterial roadways now under construction - Highway 2000, and the North Coast Highway are among the basic investments and infrastructure that the economic planners believe will drive future growth and development. . . . (Full Story August 31, 2005) |
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The
red hot jobs The supply is still way below demand in a fairly low-key job market, but there are some job positions that recruiters have been advertising heavily, as private companies particularly reposition for open trade. . . (Full Story March 6, 2005) |
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China,
Jamaica forge friendly partnership of common development China and Jamaica decided on Tuesday to establish friendly partnership of common development. The announcement came following a meeting between visiting Chinese Vice President Zeng Qinghong and Jamaican Governor-General Howard Felix Hanlan Cooke. . . (Full Story February 2, 2005) |
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PSOJ
sees economic progress ahead in outlook for 2005 THE Private Sector Organisations of Jamaica (PSOJ), a grouping of businesses, banks and retailers, is full of optimism for growth in the economy. . . (Full Story January 5, 2005) |
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