IMF Deal The Beginning Of A Long Haul

KINGSTON, Jamaica, Gleaner - Monday's International Monetary Fund (IMF) statement on Jamaica reads: "Fund management will submit to its Executive Board a 48-month arrangement under the Extended Fund Facility in the amount of SDR 615 million (about US$958 million, or 225 per cent of quota), with ...
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It really can’t be business as usual in Jamaica

KINGSTON, Jamaica, Observer - THE anticipated approval of the IMF deal by their executive board, announced on Monday, will give Jamaica some welcome breathing space but it is absolutely no panacea to our deep-rooted economic problems. In this context, the call of the three private sector leaders of ...
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Jamaica Expects Immediate Infusion Of US$213m From IMF

KINGSTON, Jamaica, Observer - The International Monetary Fund (IMF) will dispatch US$213 million to Jamaica immediately after its board approves the new bailout programme expected by month end, according to central bank Governor Brian Wynter. Those funds, along with future distributions, will imme...
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CAL flight reductions to Jamaica ominous, say pilots

KINGSTON, Jamaica, Observer - CARIBBEAN Airlines' decision to cut back on the number of flights to Jamaica is being seen by the Jamaican Airline Pilots' Association (JALPA) as a first step towards pulling out of Jamaica. For several weeks it was rumoured that Caribbean Airlines (CAL) had pl...
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Constant re-evaluation necessary

BRIDGETOWN, Barbados, Advocate - It is crucial that this Government takes the opportunity during this increasingly difficult economic period to reassess its strategy for earning revenue. As such, this administration should be commended on its continued multifaceted approach to grow the economy thro...
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Embrace ICTs

BRDIGETOWN, Barbados, Advocate - To be competitive Barbadians need to embrace ICTs, as theycan significantly drive development in Barbados. This was the suggestion made by Donville Inniss, Minister of Industry, International Business Commerce and Small Business Development yesterday at the Digicel...
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TRINIDAD-POLITICS-Prime Minister to pay official visit to Canada

PORT OF SPAIN, Trinidad, CMC- Prime Minister Kamla Persad Bissessar is to pay an official visit to Canada later this month, according to a statement issued by the Office of the Prime Minister. It said the April 23-26 visit is in response to an invitation from the Prime Minister Stephen Harper and ...
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TRINIDAD-BIRTHDAY-Identical twins celebrate 100th birthday

PORT OF SPAIN, Trinidad, CMC - Identical twin sisters, Louise Pierre and Louisa Danzel, from the fishing village of Blanchisseuse celebrated their 100th birthday on Wednesday. The twins also celebrated the birthday of their neighbour Richard Morgan, who will turn 101 on May 25. All three were hono...
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JAMAICA-POLITICS-Government denies Cabinet re-shuffle

KINGSTON, Jamaica, CMC – The Jamaica government has denied a newspaper report of a Cabinet re-shuffle. In a brief one paragraph statement, the Portia Simpson Miller government dismissed as “false” the report by the Gleaner newspaper on its website. “The Prime Minister and...
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