KINGSTON, Jamaica - After 14 months of working assiduously to meet rigorous regulatory aviation requirements, Fly Jamaica Airways will officially take to the skies on Friday, January 25, with its inaugural flight scheduled to depart for the John F. Kennedy International Airport in New York.
KINGSTON, Jamaica - THE Statistical Institute of Jamaica's (Statin) will introduce its new electronic data collection system (Edacs) to CARICOM. Now that its new data collection system, Edacs, an electronic system operated on the Hewlett-Packard (HP) Slate 2 tablet has been unveiled, Statin is key on sharing the system with other Caribbean territories. "They would be very interested as they face the same problems," said Sonia Jackson, director general of Statin.
BRIDGETOWN, Barbados - The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, arrived in Jamaica Wednesday night. Moreno who was met by Finance Minister, Dr Peter Phillips is here to attend the IDB’s second Annual Caribbean Governors Meeting. It will be held today and tomorrow at the Jamaica Pegasus Hotel.
KINGSTON, Jamaica, CMC – The Jamaica government says it will soon move to restrict the discretionary power of the finance minister to grant waivers.
Finance and Planning Minister Dr. Peter Phillips says a comprehensive review of the discretionary power of the Minister of Finance to grant waivers has been completed, with a view to improving the efficiency of the tax system.
KINGSTON, Jamaica - They didn't accomplish as much as they should have, but enough for us not to insist that the Cabinet head back into a special session to get the job done.
We now know that the International Monetary Fund (IMF) wants the Government to be more aggressive about its primary surplus. The target for the next three fiscal years is now 7.5 per cent of gross domestic product (GDP), rather than 6.3 per cent.
We also know that the Government is negotiating some kind of debt-amelioration programme with its domestic creditors.
KINGSTON, Jamaica, CMC – The Jamaica government says while an agreement with the International Monetary Fund (IMF) will it some needed assistance, it is not however the solution to the problems facing the country. “The IMF will not solve the problems of Jamaica. We all have to make some sacrifices and it is us as Jamaicans that will have to work together in unity to move this country forward,” Prime Minister Portia Simpson Miller said, adding “it must be all of us working together for the growth and development of Jamaica as one Jamaican family shaping our future together”.
KINGSTON, Jamaica, CMC – The Jamaica government says it has given approval for the necessary amendments to be made to the Customs Act as the island implements the tariff liberalisation aspect of the Economic Partnership Agreement (EPA) signed between the Caribbean Forum (CARIFORUM) countries and the European Union in 2008.
KINGSTON, Jamaica - THE recent announcement by the secretary general of the Caribbean Community, Irwin LaRocque, of fresh efforts to restructure the management of the regional economic integration movement would most likely raise new questions about the commitment of Heads of Government to implement decisions unanimously adopted.
KINGSTON, Jamaica, CMC – The Jamaica government is expected to update the nation later on Monday “on matters related to aspects of the negotiations with the International Monetary Fund (IMF), according to an official statement issued here. Prime Minister Portia Simpson Miller and members of her Cabinet are expected to address the media on the outcome of a three-day special Cabinet meeting that ended over the weekend and according to a statement issued later “good and steady progress” had been made “on important measures to be adopted in shaping the 2013/2014 budget”.
KINGSTON, Jamaica - FORMER Jamaican Ambassador to Venezuela Clifton Stone thinks that as long as Hugo Chavez's socialist party remains in power there is no danger to the Petrocaribe oil agreement which benefits Jamaica. "The danger would arise if the Opposition prevails and elections are called and they are victorious," Stone told the Jamaica Observer.