Legislation to Modernize Bank of Jamaica in the Works

Jamaica Business News, (Caribbean 360) – Legislation to modernize the Bank of Jamaica (BOJ) is to be tabled in Parliament within the next six months.

Minister of Finance and the Public Service, Dr. Nigel Clarke made the disclosure at a meeting with rating agencies while attending the International Monetary Fund (IMF)/World Bank Governors 2018 Spring meeting in Washington, D.C., last week.

He says modernization of the country’s Central Bank will result in increased transparency as well as achieve greater accountability in the bank’s operations.

Bank of Jamaica

The Finance Minister also discussed the country’s increasing stable economic environment, in addition to the policies and programmes that the Government plans to implement.

He met with the management of the IMF, the World Bank and the Inter-American Development Bank (IDB) and outlined the programmes being pursued by the Government to achieve economic expansion for all, as well as fiscal sustainability and the protection of the vulnerable.

Recently Published

Cardi B Might Get Back Together With Offset Despite Cheating Sca-ndal

Cardi B Might Get Back Together With Offset Despite Cheating Sca-ndal

It ain’t over till the di-vorce papers are signed! Cardi B hasn’t completely shut the door on the possibility of giving her marriage another sh-ot. While the “Money” rapper and her husband Offset remain bro-ken up, a source recently told E! News Cardi is “very torn” over what their future holds. The insider added things […]

Christmas Tree Sam Sharpe Square

Christmas Tree to Light up Sunday December 16

Jamaica News, Montego Bay: The St James Municipal Corporation will be having their annual Christmas Tree lighting ceremony on December 16, in Sam Sharpe Square, Montego Bay. The event is set to take place at 6 pm with a gospel concert featuring DJ Troy, Goddy Goddy, Adoracian, Kevin Smith, Anique Morris, Emmanuel Chapel Choir, Karen  Lawes and […]

Reggae Girlz
Nodraka Burnett

JDF Lieutenant Arrested on Suspicion of Wife’s Murder

Jamaica Crime News, Kingston: A Jamaica Defence Force Lieutenant is in police custody following the stabbing death of his wife,  34-year-old Nodraka Williams-Burnett, an Attorney-at-law,  at their home in West Kirkland Heights, Kingston 19, on Tuesday morning, December 13. Reports from the Red Hills police are that about 5:00 a.m., residents living in Red Hills, […]


Health Minister Encourages Persons to Check if they are Hypertensive

Jamaica News: Minister of Health, Dr. the Hon. Christopher Tufton, says the recent Jamaica Health and Lifestyle Survey shows that 40 per cent of persons who are hypertensive are unaware, and this is of great concern. According to Dr. Tufton, more lives can be spared from this condition, and for this to happen, he is […]