Gov’t agrees to IMF preconditions

KINGSTON, Jamaica, Observer - GOVERNMENT has agreed to a number of preconditions with the International Monetary Fund (IMF) as part of a requirement for an extended fund facility with the multinational. Some of the preconditions were announced last night buy the finance minister, Dr Peter Phillips, ...
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PM, Finance Minister Confirm Another Debt Exchange Programme

KINGSTON, Jamaica, Observer - Prime Minister Portia Simpson Miller has confirmed that a second debt exchange programme will be implemented. In a joint national broadcast with the Finance Minister Dr Peter Phillips this evening, Simpson Miller said the programme called a National Debt Exchange Offer ...
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WTO Online Gaming Ruling Could Be Trouble, Says Think Tank

KINGSTON, Jamaica, Gleaner - The Center on Hemispheric Affairs (COHA) says the recent decision by the World Trade Organization (WTO) siding with Antigua and Barbuda against the United States in their online gambling dispute "presents a troubling scenario" for Washington. "If the United States claim ...
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Who says there’s no hope without the IMF?

KINGSTON, Jamaica, Observer - Two news stories we published this week have, for us, been particularly heart-warming and most encouraging. For they indicate to us that, amidst the challenges being faced by this country, and the attitude of many that we cannot do anything without an International Mone...
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New guidelines for B’dos off-shore sector

BRIDGETOWN—The Central Bank of Barbados says it has developed a new framework for granting licenses for prospective financial institutions seeking to operate here warning that it would reject any applicant if it determines that approval would not be in the public interest. The central bank sai...
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